🔍 ZEC (Zcash) TECHNICAL ANALYSIS | BINANCE SQUARE
📊 Market Structure:
ZEC is trading in a range with slight bullish bias, indicating accumulation near support while buyers are watching for a breakout.
---
📈 Bullish Scenario
✅ Break and close above $38 – $40 with strong volume: 🎯 Targets: • $45 • $52 • $60 (extended)
📌 Sustained volume can confirm trend reversal to upside.
---
📉 Bearish Scenario
❌ Failure to hold $32 – $30 support: 🎯 Downside Levels: • $28 • $24 (only if market sentiment weakens)
📌 Breakdown may lead to short‑term correction.
---
🔑 Key Levels
• Resistance: $38 – $40
• Support: $30 – $32
• Trend: Neutral → Potential Breakout
---
🧠 Market Insight
🔹 Volume is the key confirmation factor
🔹 BTC movement will influence ZEC momentum
🔹 Privacy‑coin sentiment can act as catalyst
⚠ Risk Management: Always use stop‑loss and manage position size.
FOLLOW FOR next post comment for next analysis
