The charts are flashing a major signal for Zcash ($ZEC )! 📉 Looking at the daily timeframe, ZEC has formed a very clear bullish pattern that could lead to a massive recovery.
Key Technical Insights from the Chart:
Double Bottom Formation: ZEC has established a strong demand zone around the $300 - $330 level, acting as a powerful base for the next leg up.
Bullish Reversal: The price action is currently following a classic Elliott Wave structure. After a healthy correction, we are now seeing the start of an impulsive recovery wave.
Projected Targets: If the current momentum holds and ZEC breaks above the $450 resistance, the roadmap points directly toward $550, $650, and eventually a retest of the $750 major peak
