$ZEC

/USDT Technical Analysis: Targeting New Heights 🎯

Zcash (ZEC) is showing strong bullish momentum, currently trading at $59.21, with a 12.33% surge in the past 24 hours. Here's a closer look at the price action and potential targets:

🎯 Target 1: $60.00

The first resistance level aligns with recent highs. Breaking past this level may indicate further upward momentum.

🎯 Target 2: $63.50

A move toward this level would reflect the next significant resistance zone, supported by strong buying activity in the market.

🎯 Target 3: $68.00

If ZEC sustains its bullish trend, this target could represent a critical breakout point, potentially paving the way for even higher gains.

Key Support Levels:

$57.00: Immediate support level, keeping the current momentum intact.

$50.00: A critical support zone that may come into play if bearish pressure intensifies.

With ZEC's volume hitting $21.83M USDT, traders should watch for a breakout or retracement near these targets. What’s your next move on ZEC/USDT?