- ZEC surged over 30% since Bitget listing, breaking the $400 psychological level.
- Support at $360–$382 is key; breakdown could trigger a drop toward $330–$350.
- Rally above $425 may target $480, with higher levels like $550 and $610 possible.
ZCash — ZEC , has grabbed attention since its Bitget listing on December 3. The price jumped from $312.8 to $409.2, marking a 30.8% gain in days. Traders are debating whether this rally has room to run or if caution is warranted. While some analysts call the movement “coordinated,” momentum and price structures suggest ZEC could still surprise. Investors are closely watching support zones, resistance levels, and volume trends before making moves.
Assessing the Current ZEC Rally
Since the breakout above the $400 psychological level , the next target of $480 appears achievable. Daily charts show bullish swing and internal structures, with a price imbalance between $395 and $425 already filled. Despite this, indicators show weak demand. The Chaikin Money Flow reads -0.25, reflecting ongoing selling pressure, while the Money Flow Index remains below 50, suggesting muted capital inflows. Traders are keeping a close eye on volume trends to gauge sustainability.
Short-term Zcash charts show some conflicting signals. On the 1-hour timeframe, momentum and capital inflows appear stronger, even though momentum has slowed in recent hours. The zone between $382 and $395 serves as a short-term demand pocket. A breakdown here could push the price toward $330–$350. Conversely, a rally above $425 might open the door to $480.
For traders seeking long positions, placing stop-loss orders near $382 offers protection while aiming for these higher targets. The price action reveals that bullish structures remain intact across the daily, 4-hour, and 1-hour charts. This gives confidence to traders that gains could continue, provided that support levels hold and buying interest strengthens. The psychological barrier at $400 has now been surpassed.
Analyzing the Bearish Scenario
A bearish outcome would start with a breakdown below $380, followed by a retest of that area as resistance. Such a move could invalidate bullish positions and trigger short-term corrections. Despite this risk, current daily structures and momentum suggest bullish trades retain an edge. Traders can use the $382 level as a protective point while targeting $480 as the next objective. H
Hgher targets like $550 and $610 remain possible if momentum accelerates and volume supports the move. ZCash’s rally offers both opportunity and risk. Support zones and key resistance levels dictate next moves, and traders need careful planning. Volume trends, momentum indicators, and short-term demand pockets provide clues about the rally’s sustainability.
Watching these factors closely will help investors make more informed decisions. The path toward $480 looks plausible, but staying vigilant for shifts in market behavior remains critical. ZEC has shown strong gains since the Bitget listing, but caution remains essential. Daily and short-term charts suggest further upside if support holds.



