ZEC is on fire on Bitget! Is there still a chance for $605?💥
#zcash （#zec ）just launched on Bitget and ignited the market, enhancing liquidity and attracting traders, causing prices to surge quickly📈. Initial support is around $360-$390, and bulls are confident, with charts indicating that after breaking the downward channel, prices are expected to continue rising.
MACD is trending upwards, and the histogram is expanding, showing clear bullish momentum; $443 is a short-term resistance level, and once it stabilizes, it is expected to reach $526 and even $605🔥. Meanwhile, open interest has surged by 11%, with leveraged funds pouring in, indicating that both speculators and momentum traders are increasing their positions, but it may also lead to greater volatility.
Shorts have been wiped out, losing $3.64 million, while bulls hold their ground. As long as key support holds, ZEC's upside potential remains firmly in control💪.
The market rhythm is tight, with many short-term opportunities, but volatility is also high; when trading ZEC, entering steadily is the most important.
