Post
ZEC at 548 is trading in a high-volatility bullish structure despite the recent pullback from higher levels. Momentum remains relatively strong overall, but short-term correction pressure is increasing after failing to hold above the 570 zone.
Near resistance: 570 → 600
Strong resistance: 650 → 720
Near support: 520 → 490
Strong support: 450 → 410
If ZEC holds above 520:
Price may attempt another push toward 600–650
A breakout above 650 could restart aggressive bullish momentum
If ZEC drops below 490:
Correction risk increases toward 450–410 due to elevated volatility
RSI remains elevated but is cooling from overbought conditions, showing that momentum is still bullish overall despite the ongoing pullback.
Conclusion:
Trend: bullish but volatile
Key zone: 490–520
Above 600 confirms continuation upward
Below 490 may trigger a deeper correction phase
$ZEC
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!