$ZEC has broken the downtrend and is currently climbing in a clear upward channel.
Overview: The price is currently testing an important support area, where previously selling pressure was very strong.
A successful breakout in this area could drive the upward momentum to the 500+ range. (SPOT)
⭐Short-term trend:
ZEC has formed a bottom around 295 and is recovering, with the current price ~449. However, the structure has not completely escaped the downtrend and is entering an important resistance zone.
Notable technical areas:
- Resistance: 460 – 480 (converging MA + short-term peak)
- Nearby support: 420 – 430
- Strong support: 395 – 400
🔴 Short scenario (priority)
Entry: 460 – 480
SL: > 505
TP: 430 → 400
👉 Suitable if the price strongly rejects the resistance area, volume weakens.
🟢 Long scenario (only when a clear breakout occurs)
Entry: When the 4H candle closes > 480
SL: 455
TP: 520 → 560
👉 Only enter $ZEC when there is a successful break + retest.
