đ Zcash ($ZEC ) is lining up for a breakout â hereâs the quick take:
âą Selling pressure has dropped ~85%, suggesting buyers may be stepping in while sellers fade.
âą ZEC recently pierced the upper trendline of a âfalling-flagâ corrective pattern after a strong rally â breakout not confirmed yet.
âą A clean daily close above $537 USD is the key trigger to watch â if it holds, ZEC could target ~$612, ~$688 or even ~$749+.
âą On the flip side, a drop below ~$488 would weaken the breakout thesis and could lead to a deeper pullback.
đŻ TL;DR: ZEC may be on the verge of its next leg up â but itâs still waiting for that breakout confirmation. Tight line in the sand at ~$537.