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ZEC/USDT
ZEC is showing a strong recovery on the 15-minute chart after bouncing from the $1,054.57 low. Price is currently around $1,153, with a sharp bullish candle pushing above the short-term moving averages.
The key point here is the volume-backed breakout. MA5 is around $1,113.59, while MA10 and MA30 are near $1,105.63–$1,105.73, giving the current move a stronger bullish structure as long as ZEC holds above this zone.
Key levels I’m watching:
• Current price: $1,153
• Immediate resistance: $1,177–$1,183
• Major resistance / 24H high: $1,216.52
• Support: $1,113–$1,105
• Stronger support: $1,085
• Major swing low: $1,054.57
If ZEC holds above $1,130–$1,140 and successfully breaks $1,177, the next move could target $1,200–$1,216. A clean breakout above $1,216 could open the door toward $1,240–$1,260.
For a safer long setup, I would prefer confirmation above $1,177 rather than chasing the current candle. A loss of $1,105 would weaken the bullish setup and could bring price back toward $1,085.
My 15M view: Bullish, but resistance is approaching.
I’m watching whether buyers can turn $1,177 from resistance into support.
#ZEC #CryptoTrading #GateSquare
1177 key
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