🔥 #ZEC - is strongly heading towards 40 Dollars!

The price of $ZEC is trading at 39.59 Dollar (+4.18%), regaining strength after bouncing back from its lowest point in 24 hours at 37.56 Dollar, and is now pressing on its highest point in 24 hours at 39.59 Dollar. The momentum is shifting upwards, as buyers are looking towards the psychological support level of 40 Dollar.
🔑 Key Levels:
Support area: 38.50 Dollar - 38.00 Dollar
Immediate resistance: 39.60 Dollar
Breakout Zone: 40.00 Dollar
📈 Trading Setup:
A strong rise above the 39.60 Dollar - 40.00 Dollar level may lead to a continuation of the increase. As long as the ZEC price maintains the 38.00 Dollar level, the trend remains positive with room for upward expansion.
🎯 Goals:
Target profit 1: 40.20 Dollar
Second profit target: 41.50 Dollar
Third profit target: 43.00 Dollar
📊 Market Insights:
The ZEC coin has consistently witnessed higher lows, indicating an accumulation of buying. The resistance at 40 Dollar is a psychological barrier, and a confirmed break above it could attract strong momentum traders. Maintaining a support level at 38 Dollar ensures buyers retain control over the price structure.
⛔ Stop Loss: 37.20 Dollar
💡 Professional Tip: Watch the trading volume when breaking through 40 Dollars - if buying pressure increases, the move may accelerate quickly.#Crypto Market Rebound #FOMC July Minutes #Gate Initial Global Listing YZY #ETH Surge Team Battle is Here