Today I saw $ZEC ‌ return to the top ranks on the charts. The 24-hour trading volume is close to $95 million, and the coin price has also rebounded slightly to around 532. As a representative of a long-established privacy coin, this type of capital inflow is definitely worth taking a closer look.

In the chart, the 1-day timeframe K-line shows a wide-range consolidation trending upward: the 30-day moving average has already been held down by the bulls. In the previous pullbacks, none of them broke down. The volume has clearly stepped up over the recent few bullish candles. For short-term resistance, I’m watching the 555–570 area (the prior high plus the integer round-number level). For support, first look at 510–505; if it breaks down through that, only then will I consider the outlook turning weaker. MACD forms another golden cross above the zero line, and RSI is neutral but on the strong side—there’s been no bearish divergence signal.#PreIPOsSeason2OpenAISubscription #MillionDepositCashback #WarshTestimonyMeetsCPI