$ZEC is currently trading near ~$510+, and many older pivot levels (~$420โ$470) have shifted because price has moved up sharply.
๐ Current Price Action:
$ZEC is trading near ~$510+, with strong recent upside and sustained bullish momentum on short-to-medium time frames.
๐ Technical Signals:
Moving Averages: Price above key short-term (10/20 EMA) levels โ bullish structure.
Momentum: RSI and MACD show positive traction as buyers dominate recent moves.
Pattern: Recent higher highs and lows suggest trend continuation if volume holds.
๐ Key Levels to Watch:
Support:
โข Around prior consolidation base near $460โ$480 (psychological/technical zone)
โข Immediate lower support near $500 zone
Resistance:
โข $540โ$560 next overhead cluster
โข Bullish breakout above $560 could widen gains
๐ Short-Term Trade Ideas:
โ Trend Continuation: Long if price holds $500+ with increased volume.
โ Pullback Play: Look for re-tracement toward $480โ$490 as a lower-risk entry if momentum stalls.
โ Breakout Play: Buy on a clean daily close above ~$560 for further upside expansion.
