$ZEC

ZEC/USDT – 4H Technical View 📊

Current Price: ~532

Trend: Still bullish, but in a healthy pullback / consolidation after the 560 rejection.

What the chart shows:

Price is above EMA(25) ~510 & EMA(99) ~460 → overall structure remains strong.

EMA(7) ~534 is acting as short-term resistance.

Strong impulse from ~405 → 560, now cooling off (normal after a fast move).

MACD is cooling (histogram turning negative) → momentum paused, not reversed.

Stochastic near mid-zone → room for next move.

Key Levels:

Support: 520 – 510 (strong), then 495

Resistance: 540 – 560

📌 Possible Scenarios

Bullish continuation (preferred):

Hold above 510

Break & close above 540

Targets: 560 → 580 → 600

Bearish warning:

Lose 510 with volume

Short-term pullback toward 495 – 480

📝 Simple Trading Plan

Buy zone: 515 – 522

Stop loss: Below 500

Targets: 545