$ZEC Descending Wedge Breakout – Privacy Pioneer Zcash Loading for ATH Assault 📈🔒

Zcash's 3W chart breaking out of a 5-year descending wedge since 2020 highs, price at ~$335.70 after smashing uppers trend line on surging volume – up 9% today amid privacy adoption spike, now retesting $300 support zone.

Shielded transactions at ATH 30%+ of supply, fueling the rally.

Bullish breakout confirmed:

✅ Wedge breakout with measured move to $600+

✅ Support flip at $300 with hammer reversal

✅ RSI coiling bullish above 60 on weekly

✅ MACD histogram exploding positive, divergence resolved

Targets on momentum:

→ $450–$500 short-term (Fib 1.618 + prior highs)

→ $650–$750 mid-2026 (ATH retest)

→ $1,000–$1,200+ full cycle extension (2027)

Bear case: Close under $280 risks $200 pullback. ZEC's zk-SNARKs edge + regulatory tailwinds = privacy coin beast mode.

#Zcash #ZEC #PrivacyBull

ZEC
ZEC
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