🚀 $ZEC is breaking out of the downtrend line – preparing for a new bounce?
After being pinned below the downtrend line for many days, the price $ZEC has slightly broken out on the 4H timeframe and is gradually moving towards the nearest resistance area around 390–400.
📌 Notable points:
• Breaking the trendline with increased volume → indicates that buying pressure is returning.
• A higher low structure is forming → an early signal for a short-term reversal.
• Strong support range 300–320 continues to hold after several retests.
🎯 Current scenario:
• If ZEC stays above the range of 370–380 → there's a high probability of continuing upward towards 420–450 in the next bounce.
• Breaking down below 350 will weaken the upward momentum, retesting the support at 320.
A few of you commented on my prediction in the previous post and panicked into selling when the market declined a few days ago. However, in reality, ZEC has made a comeback.🤭
#ZEC #TrendlineBreak
👉 Thank you to those who have trusted $ZEC
