$ZEC analysis 🔥
📈 Price Action:
$ZEC just delivered a sharp bounce off the $375 support zone and is now pressing into the $415–$420 resistance area. Momentum is strong on lower timeframes, but price is clearly overextended, with RSI overbought on the 15M and 1H.
📊 S/R Levels:
Support: $390, $375, $360
Resistance: $420, $465, $510
🔎 Outlook:
This is a high-volatility area. A clean break and hold above $420 opens the door for a fast continuation toward $465. However, failure or rejection at this level likely sends price back toward $390–$375 for a retest. Scalpers can play both sides, but risk management is key.
