📊 $ZEC Chart Analysis: Is the Bottom Finally In?

I’ve been analyzing the Zcash 4H structure, and the signs of a Trend Reversal are getting stronger.

Here is the breakdown of the chart 👇

1. The Setup:

We saw a classic "Double Bottom" formation combined with a liquidity grab at the lows. Smart money accumulated while retail panic sold.

2. The Resistance (The Hurdle):

Right now, the MA99 is the only thing stopping a massive pump. We are testing it as we speak.

3. Key Levels:

🛡️ Support: $409 & $381 (Strong Demand)

⚔️ Resistance: $441 & $500

My Verdict:

If we flip the MA99 into support, the road to $500+ is open. The downtrend structure is officially broken.

Do you think privacy coins are making a comeback? 💭

$ZEC

#TradingSetups #PrivacyCoins #zec

ZEC

406.48

-4.69%