$ZEC Current price: $362.69



Direction: Bullish

Reasons:

1. Continuous capital inflow, strong support from contract market buying, significant 24H increase of +8.34%, ample bullish momentum.

2. 4-hour MACD golden cross continues, bullish momentum bars are expanding and remain above the zero axis, indicating a clear mid-term uptrend.

3. RSI(14) is at the 63 level, close to overbought but no divergence has appeared; upward momentum is still being released.

4. Price has broken through the previous consolidation center, with healthy volume-price coordination. Capital support and trend resonating, validating the effectiveness of the uptrend.

Support levels:

1. $350.00 (recent consolidation upper edge, strong intraday support)

2. $345.00 (MA20 moving average, strong support)

Resistance levels:

1. $370.00 (round number level, short-term resistance)

2. $385.00 (previous high, strong resistance)

Suggested take profit: $380.00, stop loss: $348.00
ZEC-9.01%
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PhoenixUnicornvip
· 12-04 10:30
Stay strong and HODL💎
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