$ZEC is currently trading near ~$510+, and many older pivot levels (~$420–$470) have shifted because price has moved up sharply.
📊 Current Price Action:
$ZEC is trading near ~$510+, with strong recent upside and sustained bullish momentum on short-to-medium time frames.
🛠 Technical Signals:
Moving Averages: Price above key short-term (10/20 EMA) levels — bullish structure.
Momentum: RSI and MACD show positive traction as buyers dominate recent moves.
Pattern: Recent higher highs and lows suggest trend continuation if volume holds.
📌 Key Levels to Watch:
Support:
• Around prior consolidation base near $460–$480 (psychological/technical zone)
• Immediate lower support near $500 zone
Resistance:
• $540–$560 next overhead cluster
• Bullish breakout above $560 could widen gains
📈 Short-Term Trade Ideas:
✔ Trend Continuation: Long if price holds $500+ with increased volume.
✔ Pullback Play: Look for re-tracement toward $480–$490 as a lower-risk entry if momentum stalls.
✔ Breakout Play: Buy on a clean daily close above ~$560 for further upside expansion.
