The market might be testing my patience, but it can't break my conviction. Currently DCA-ing into $ZEC. I started at 482 and just completed my 4th buy. 📉💎
Down trends are where true wealth is built. The market will recover sooner or later—patience is the only key. Stay focused, stay disciplined. 🚀📊
🚀 ZEC/USDT Market Update: What is the next target?
Today's chart analysis shows that Zcash (ZEC) is in a very strong position. It has increased +2.73% in the last 24 hours and is currently trading around $510.07.
📊 Technical Analysis:
Bullish Momentum: The chart shows that the price is currently above the MA(7) - $508.75 and MA(25) - $505.50, which is a positive signal.
Support and Resistance: * Strong Support: The $500 and $488 areas are now acting as good support.
Resistance: Today's high was $515.10. If the price can break this level with volume, our next target could be $530 - $550.
Volume Update: Around 110.10 million USDT volume has been generated in the last 24 hours, indicating that there is a lot of interest from traders in the market.
💡 Long-term Outlook:
ZEC has shown an incredible 774.58% growth in the last 1 year in the market. If the current consolidation phase is successfully overcome, we could see new highs in early 2026.
⚠️ Warning:
The crypto market is very risky. As the RSI is currently slightly up, there could be a minor correction. So be sure to use Stop-Loss before any entry.
What do you think? Can ZEC touch $520 today? Let us know in the comments! 👇
🚀 #ZEC/USDT Market Update: Rebound or Consolidation? 📊
According to today's chart, Zcash (ZEC) is in an interesting position. Although there has been some correction in the last 24 hours, the market is currently trying to recover again.
🔍 Technical Analysis (15-minute chart):
Current price: $496.00 (down about 2.22%).
Support Level: According to the chart, there is a strong support at the $487.03 level from which the price bounced.
Resistance Level: $500 and $508.58 are acting as a major barrier.
Moving Average (MA): The candlesticks are trying to go above the MA(7) and MA(25), which is a positive sign. However, a closing above the MA(99) or $501 is needed for long-term confirmation.
💡 My Observation:
ZEC is currently showing a reversal signal from its local bottom ($487). The volume bar is also showing some green signals. If Bitcoin (BTC) remains stable, we could see ZEC back in the $505 - $510 zone very soon.
⚠️ Trading Tips:
1. Breakout Trade: Long positions with stop-loss above $502 can be seen.
2. Risk Management: The market is still volatile, so be sure to use stop-loss.
Bitcoin is currently in a strong bullish momentum. Today, January 2, 2026, the chart analysis shows that Bitcoin is very close to a major psychological resistance level.
📊 Chart Observation:
Current Price: Around $89,675 USDT.
24-Hour High: $89,942.44 (Rejected just below $90K).
Moving Averages (MA): The price is currently above the MA(7), MA(25), and MA(99), indicating a clear Uptrend.
Volume: The volume has increased quite a bit in the last few hours, which proves the dominance of buyers in the market.
💡 Next Possible Moves:
1. If Bitcoin can close the candle above $90,000 and create support there, we could see a new all-time high very soon.
2. However, there could be significant selling pressure in the $90K area. If rejected from here, the price could return to the $88,500 - $89,000 support zone.
🎯 Trading Tip:
Those who are already in profit can trail their stop loss. It would be wise to wait for a 90K breakout or a small pullback (correction) for a new entry.
Note: Crypto markets are very risky. Make sure to do your own research (DYOR) before taking any trade.