🔥 ZEC Analysis – Hourly Frame (1H)
⭐ 1. The overall direction on the hourly frame
The overall trend on the hourly frame looks:
Moderately bullish
The price is above MA99 most of the time → indicating a positive overall direction.
But there is very strong resistance at 470 that prevents the rise.
⭐ 2. The most important supports in the 1-hour frame
🔹 First support: 455
This is a level from which the price has rebounded multiple times, and it is considered a buyer's defense.
🔹 Second strong support: 449
Strongest support on the timeframe, breaking it means a clear downward trend.
⭐ 3. The most important resistances on the 1-hour timeframe
🔸 First resistance: 462
The consolidation line, if the price breaks it, it starts to rise.
🔸 Main resistance: 470 – 472
The price reached it with a long candle and then sharply bounced → indicates profit-taking or strong selling.
⭐ 4. Candle behavior analysis
The last candles have lower wicks → indicates that buyers are defending.
But the bodies are small → the market is hesitant.
The long candle that rose to 470 and then dropped is a bearish reversal candle on the hour timeframe.
→ Therefore, the upcoming rise needs larger trading volume to break 470.
⭐ 5. Expectation of the next movement (1 hour)
✔ Bullish scenario (currently the strongest):
If the price closes above 462:
Targets:
468
470
And if 470 is broken, the target becomes 480 quickly.
✔ Bearish scenario:
If the price breaks 455 with an hour close:
Drops to 449 directly.
