ZEC's recent trend is quite interesting. On the H1 level, this coin has stabilized around the 406 support level. In the privacy coin sector, there has been a significant influx of funds in recent days. The previous oversold rebound combined with short covering has clearly improved market sentiment.



From a technical perspective, once a volume breakout above 408 occurs, it is likely to trigger follow-up buying. The short-term rebound momentum remains sufficient, and many traders have positioned themselves at this level.

If you're interested, you might consider placing a trade within the 406-408 range, with a stop loss set at 404. Key levels to watch above are 414 and 416, with further targets potentially at 426. Of course, this is just a technical observation; actual trading decisions should be based on your own risk tolerance.
ZEC-3.4%
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