Prix de Zcash CoinZEC

🔥 Zcash Update: New Week Momentum and Key Levels🔥 As we embark on a new week, let's deliver a fresh update on Zcash, building directly on the developments from the previous session. On the hourly time frame, we've seen encouraging progress, The price successfully broke above our identified resistance at $227, along with the accompanying resistance trend line, which has now been retested and is holding as support. This flip in role for the trend line adds a layer of technical confirmation to the bullish case. Upside Potential: Testing the Upper Barrier Building on that momentum, ZEC has also probed the upper resistance line at $247 and is currently trading just below this area. A decisive candle close above $247 would unlock higher targets, signaling potential for further upside as the week unfolds. Downside Considerations: Support Zones to Defend That said, failure to achieve such a close keeps the risk of a pullback alive. Immediate support lies at the former $227 resistance level, now acting as a key floor. A breach there could lead to lower targets around $210, with additional downside levels as illustrated in the provided chart. What do you think? Can Zcash break above this current resistance and drive toward those higher targets, or are we more likely to retreat and test the support levels first? Let me know your insights below.

big fan of $ZEC and $PUMP; not just because they are trading at the current levels but because of the amount of time they spent consolidating/chopping around. It's not JUST price you have to look at but also the amount of time spent at a certain level. Long both rn

relative strength on $ZEC is super strong rn imo

$ZEC is an extremely strong chart imo. I like this consolidation pattern it showed around $210 for that duration, I think this goes to the highs again. I'm long.