ZEC just broke above a major resistance zone on the 4-hour timeframe, and the setup looks compelling. The token had been trapped in an ascending triangle pattern—classic accumulation structure. That $467 level? It held firm for quite some time, so seeing it convincingly cleared is noteworthy. The breakout came with solid momentum, signaling a shift from sideways consolidation to directional conviction.
What's interesting here is the price action since the breakout. ZEC is now holding above that previous resistance, and that's the tell. Former resistance often becomes new support once convincingly taken out. If that level continues to hold, we might be looking at a fresh leg higher. The structure isn't screaming parabolic yet, but the directional bias has clearly shifted bullish.
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SelfStaking
· 8h ago
Level 467 has finally been conquered. I've been waiting for this triangle to burst for a long time.
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TheShibaWhisperer
· 8h ago
467 broke support, this wave is interesting, feels like it's about to rise.
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ser_ngmi
· 8h ago
This position at 467 has really held firm for a long time. I only believe it when it's broken now.
ZEC just broke above a major resistance zone on the 4-hour timeframe, and the setup looks compelling. The token had been trapped in an ascending triangle pattern—classic accumulation structure. That $467 level? It held firm for quite some time, so seeing it convincingly cleared is noteworthy. The breakout came with solid momentum, signaling a shift from sideways consolidation to directional conviction.
What's interesting here is the price action since the breakout. ZEC is now holding above that previous resistance, and that's the tell. Former resistance often becomes new support once convincingly taken out. If that level continues to hold, we might be looking at a fresh leg higher. The structure isn't screaming parabolic yet, but the directional bias has clearly shifted bullish.