ZEC Surges 10% Amid Volatile Market, Short Liquidations Fuel Rally to $447 on Binance

ZECUSDT has experienced notable volatility in the past 24 hours, with the price currently at $447.73 on Binance, marking a 10.18% increase from the 24-hour open of $406.36. This upward movement can be attributed to active trading near key support zones, recent short liquidations, and heightened buying interest following a period of steady selling pressure and a failed bearish breakdown. Despite earlier bearish sentiment and price rejection around the $450 resistance level, buyers have stepped in near the $410–$415 demand area, supporting a short-term reversal. Trading volume has surged, reflecting increased market participation and interest, while resistance is observed at $414–421 and $430–438, and support at $404–407. The current market remains highly volatile, with significant price swings and active trading across exchanges.