📈 #ZECUSDT Trade Analysis

$ZEC is currently trading at $238.78, up roughly 5% in the last 24 hours. After finding a hard floor at the $230 psychological support zone, ZEC is showing bullish divergence on the 4-hour chart, signaling that the recent "risk-off" flush has likely bottomed out.

Entry: $232 – $241 (Accumulating at the $230 support flip)

TP1: $268 (Immediate resistance)

TP2: $330

TP3: $450+

SL: $218 (Daily close below the recent swing low invalidates the recovery)

Trade here 👇

ZECUSDT

Perp

230.62

-4.04%

Yesterday, DCG CEO Barry Silbert predicted that 5% to 10% of Bitcoin’s capital could rotate into privacy coins like Zcash. He argues that as BTC becomes fully institutionalized and transparent, the value of "Optional Privacy" via zk-SNARKs will skyrocket.