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ZEC/USDT showing textbook bullish momentum on the 2-hour chart. The asset is trading within a well-defined rising channel, characterized by higher highs and higher lows — a classic sign of sustained uptrend strength.
Price is currently testing the upper channel boundary where sellers have stepped in multiple times previously. This resistance level has proven significant in recent trading sessions.
Key levels to monitor:
• Upper resistance: Current price action zone
• Midline support: Around $420 — serves as the intermediate support where buyers typically emerge
• Lower support: Base of the rising channel
The clean structure suggests tight risk management opportunities. A breach above resistance could accelerate the move, while a pullback to the midline would offer another accumulation opportunity for positioned traders.