ZEC 8H – Bounce Off Rising Trendline Now Testing Key Horizontal Zcash / TetherUSBINANCE:ZECUSDTBKVIPZEC on the 8H timeframe is currently trading around 348 after a strong recovery from the rising trendline support that has been guiding price higher since the late March lows. Price spiked aggressively to a high near 390 before fully retracing back toward the trendline. It has since bounced from the trendline and is now pressing directly into the 348–350 horizontal resistance zone that has acted as a ceiling multiple times throughout this chart. The rising trendline has now been tested and respected twice, each time producing a meaningful recovery. Key Levels To Watch 390 → Spike high, major resistance above 348–350 → Horizontal resistance, current test 330 → Minor support, prior reaction zone 310–315 → Rising trendline support (dynamic, climbing) 295–300 → Stronger trendline support, prior bounce zone Below 213 → Full structure breakdown The rising trendline has held as the backbone of the structure throughout April, and the current bounce off it is now being tested against the key horizontal resistance at 348–350. A clean break and close above 350 would clear this resistance and open room toward the 370–390 area. Failure to break above 350 and a pullback below 330 shifts focus back to the rising trendline near 310–315 as the next key support. This is a key resistance test following a trendline bounce. Break above 350 → resistance cleared, eyes on 370–390. Reject at 350 → pullback toward trendline at 310–315. Structure bullish above rising trendline. Bias shifts only on confirmed trendline breakdown.