$ZEC just delivered a powerful breakout, climbing from around $1,100 to above $1,550 in only a few sessions. The chart is still printing higher highs and higher lows, keeping the short-term structure bullish.
๐ฏ Technical levels:
$1,600 โ immediate breakout zone
$1,800 โ next major resistance
$2,000 โ psychological upside target
$1,500 / $1,400 โ key support areas
The momentum has a real catalyst behind it: Zcash developers have scheduled the NU7 testnet activation for October 6 and mainnet target for November 5, with block spacing planned to fall from 75 seconds to 25 seconds.
But hereโs the important part: after such a vertical move, ZEC could retest support before another leg higher. Holding $1,500 would keep the bullish setup intact; losing $1,400 could open the door to a deeper correction.
๐ My chart view: If ZEC breaks and holds above $1,600, the next zone to watch is $1,800, with $2,000 becoming a possible extension if momentum stays strong.
โ ๏ธ Crypto remains highly volatile. These are technical scenarios, not guaranteed prices.
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