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$ZEC is showing strong momentum on the 1H after bouncing hard from $1,042.58 and pushing into a $1,157.14 high.
Right now price is cooling near $1,138, which looks more like a pause than a breakdown for now.
What I’m watching next:
Support: $1,116-$1,107 area near the moving averages
Key resistance: $1,157
Break above that: could open the door toward $1,168+
The recovery was sharp, so I would not blindly chase this candle.
If bulls hold the pullback and keep price above the MA cluster, the trend stays constructive.
For me, this is one of those setups where holding the reclaim matters more than the first spike.
#ZEC #ZCash #Crypto #Trading #Altcoins