• ZEC broke above key resistance as bullish indicators aligned across all timeframes

  • Rising open interest suggests fresh capital is entering the market to fuel gains

  • Positive spot inflows signal renewed accumulation as ZEC approaches the $500 level

Zcash (ZEC) extended its upward momentum as rising prices, growing derivatives activity, and renewed spot market demand pointed to strengthening bullish sentiment. The privacy-focused cryptocurrency climbed to $495.40, marking gains of nearly 16% over both the past 24 hours and the previous week. Market participants increasingly focused on whether the latest breakout could pave the way for a move toward higher resistance levels in the coming sessions.

Technical Breakout Strengthens Bullish Outlook

ZEC’s recent advance followed a decisive breakout above a lengthy consolidation zone that had capped price action near the $…

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