ZEC Eyes Breakout to $900 as Bullish Structure Holds
Zcash (ZEC) has maintained its bullish macro structure despite recent pullbacks. According to crypto analyst Eric Van Tassel, ZEC is likely entering a liquidity sweep towards the $760-$694 zone.
This area aligns with previous resistance and the upper boundary of the broader ascending triangle, making a successful retest potentially important for confirming the breakout and resetting elevated daily RSI momentum.
However, if ZEC promptly retakes this area, the plunge may create better liquidity conditions and serve as a base for the next move to the upside towards the resistance between $887 and $900.