($ZEC MARKET UPDATE)

$ZEC started showing some recovery after the recent dump, and right now the $500–$505 area looks like a strong support zone. Buyers are reacting from this level and price is trying to build momentum again. The market still needs confirmation, but if price keeps holding above this area, we can see a good move to the upside.

For me, a good buying entry will be if price holds the $500–$505 support and gives a strong bullish candle, or if we get a clean breakout above $525 with good momentum. Stop loss can stay below $490 to manage the risk. The first target will be around $550, and if buyers stay strong, then $ZEC can move back toward the $580–$600 area. For now, it’s better to stay patient and wait for confirmation before entering.