$ZEC
– Momentum Recovery With Bullish Continuation Signals
Market Overview
$ZEC is showing strong recovery momentum with a +5.76% move. Price action suggests buyers have stepped back in after consolidation, and the structure is shifting toward a short-term bullish continuation. Volume expansion at this level usually hints at renewed interest rather than a dead-cat bounce.
ZEC often moves in sharp legs, so once momentum builds, continuation can be fast.
Resistance Zone
455 – 470
This zone has historically acted as a supply area. Expect some profit-taking here on the first test.
Major Resistance: 500
A psychological and technical level. A clean break above this would open the door for a larger trend move.
Target
Primary Target: 455
Secondary Target: 470
Extended Target: 500 if momentum and volume remain strong
Stop-Loss
420
A breakdown below this level would weaken the bullish structure and signal a return to consolidation.
Entry
430 – 440
Best entries are on minor pullbacks or consolidation near this zone. Avoid chasing large green candles, as ZEC is known for sharp retracements.
Short Technical Insight
ZEC is currently trading above its short-term support range, indicating strength. As long as price holds above 420, bulls remain in control. A strong close above 470 would confirm trend continuation rather than a short-term relief rally.
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