$ZEC USDT perpetual contract is executing a massive bullish expansion, locking in a strong 17.55% gain over the last 24 hours. Looking closely at the name Zcash, the asset successfully broke out from its accumulation floor above the 404.50 support zone and triggered a sharp, vertical impulse move on the 1-hour chart. The persistent buying pressure is driving the price straight up to test the psychological milestone of $500, tapping a local 24-hour high of 499.35.
Backed by an impressive 24-hour trading volume of 1.06 billion USDT, institutional and retail interest is surging heavily into this move. If $ZEC convincingly breaks and closes above the $500 major psychological barrier, it will invalidate local overhead resistance and unleash an aggressive bullish continuation
ZEC
535.51
+26.35%
toward higher mathematical extensions.
Target 1: 499.30
Target 2: 540.00
Target 3: 585.00