ZEC /USDT — Testing a Critical Supply Zone
$ZEC is trading near 280.08, extending gains after a strong impulsive rally. Momentum is clearly with the buyers, and price is now pressing directly into a key resistance band.
🔍 Levels in Play
Support: 267 — immediate structural base
Resistance: 280–285 — active supply zone
This 280–285 region is important because it represents the first major supply reaction after the rally. How price behaves here will determine whether this becomes continuation or exhaustion.
📈 Bullish Scenario
If ZEC sustains strength above 280 and manages a clean close through 285, that would confirm acceptance above resistance — not just a wick-through liquidity grab.
In that case:
Breakout traders step in
Shorts may cover
Upside continuation becomes likely
Momentum already favors bulls — confirmation is the missing piece.
📉 Bearish Scenario
If price rejects the 280–285 zone with strong selling pressure:
A pullback toward 267 becomes the first target
Loss of 267 would confirm a deeper retracement phase
Given the size of the recent rally, a cooling pullback would not invalidate the broader structure — it would simply reset momentum.
📊 Sentiment Snapshot
ZEC is currently in a bullish expansion phase, but it’s at a decision point. Breakouts require acceptance, not just contact. If buyers absorb supply above 280–285, another leg higher is realistic. If sellers defend aggressively, expect a retest of lower support.
This is a classic resistance test — breakout or rotation.
What’s your read — continuation or rejection?
