$ZEC /USDT: The "Privacy Renaissance" Setup
Key Levels to Watch:
Immediate Support: $350 – $355 (The "Must Hold" zone).
First Target: $435 (Re-testing the 99-day Moving Average).
The "Moon" Target: $600 – $750 (A return to the previous swing highs).$ZEC is flashing some serious signals on the daily chart. After a massive run-up to the $750 level late last year, we’ve seen a healthy period of cooling off—but the "spring" is getting coiled again.
Technical Breakdown
The Golden Support Zone: $ZEC is currently hovering around $372, sitting right inside a major historical support block (the blue rectangle). This area has acted as a "floor" multiple times, suggesting that buyers are stepping in heavily to defend this level.
The Bullish Fractal: If you look at the blue projection line on the chart, the price action is mimicking a classic "bottoming" structure. We’ve seen a series of lower highs, but the horizontal support is holding firm, creating a launching pad for the next leg up.
Moving Averages (MA): While the price is currently below the MA(25) and MA(99), it is fighting to reclaim the MA(7) at $369. A solid daily close above the $380 mark could trigger a "mean reversion" trade back toward the $430–$440 resistance zone.
Volume Profile: Selling volume has been tapering off during this consolidation. Usually, when volume dries up at a major support level, it precedes a high-volatility breakout.