$ZEC has delivered a strong impulsive move to the upside, breaking out of its recent consolidation range and reclaiming the 240–250 region with momentum.
This shift marks a clear change in short-term structure from ranging to bullish expansion.
Price is now approaching a key resistance zone around 260–280, where previous supply is likely to react. The sharp nature of the move suggests momentum-driven buying, but also increases the probability of short-term exhaustion if follow-through volume weakens.
Holding above the 240 level would maintain bullish control and support continuation into higher resistance. However, failure to sustain above this region could lead to a corrective pullback toward the 230–235 zone, where demand may step in again.
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ZECUSDT
Perp
247.25
+7.48%