๐จ $ZEC Market Update
ZEC is showing signs of strength after defending a key support zone and attracting fresh buying interest. The trend remains cautiously bullish as long as the current structure stays intact.
๐ Bullish Scenario: A breakout above the nearest resistance could accelerate momentum and open the door for a move toward higher targets.
๐ Bearish Scenario: If support fails to hold, a pullback toward lower demand zones may occur before the next major move.
๐ Key Levels to Watch: โข Support: $51โ$55 โข Resistance: $65โ$70
For now, bulls have a slight edge, but confirmation above resistance is needed for a stronger rally.