ZEC has officially broken its long-term downtrend and is now moving confidently inside a well-defined ascending channel, signaling renewed bullish momentum. The price is currently testing a major supply zone, an area where sellers previously dominated.
A strong breakout above this zone could unleash a powerful rally, potentially pushing ZEC toward the $500+ region.
However, if price gets rejected, a healthy pullback toward the channel midline or even the lower support may occur before any further continuation.
ZEC is at a decisive point — the next move will set the tone for the coming trend.$ZEC
ZEC
452.46
+1.69%