ZEC 1D – Triangle Breakout Pulling Back Into Prior Resistance

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ZEC 1D – Triangle Breakout Pulling Back Into Prior ResistanceZcash / TetherUSBINANCE:ZECUSDTBKVIPZEC on the 1D timeframe is currently trading around 833.17 after all targets from the prior symmetrical triangle breakout idea were reached, with price spiking from the upper trendline near 645–660 all the way to a new all-time high near 900 before pulling back into the 780–833 zone, which now sits as the first meaningful support following the breakout extension. The prior idea identified the nine-month symmetrical triangle and the breakout above the descending upper trendline near 645–660 as the key structural development. Price confirmed that breakout fully, reaching the high near 900 and setting a new all-time high before sellers pushed price back into the current consolidation. The broken descending upper trendline near 645–660 remains the macro support floor on any deeper pullback, while the horizontal level near 780–800 has emerged as the first reference within the current consolidation zone. The rising lower trendline from the February low continues to climb into the 325–365 area and sits far below as the macro structural anchor. Two horizontal reference levels now define the post-breakout range, one near 780–800 as the current floor and a second near 900 as the ceiling from the all-time high wick. Price reached all targets set in the prior idea and is now in a post-breakout consolidation phase, with the key question being whether 780–800 holds as the new support base or whether the pullback extends toward the broken trendline near 645–660. Key Levels To Watch → 900–920 All-time high region, major resistance above → 833–850 Current price zone, minor resistance → 780–800 Horizontal support, post-breakout floor → 720–740 Secondary support, prior breakout consolidation → 645–660 Broken descending upper trendline, macro support → 535–595 Prior resistance zone, deeper support → 325–365 Rising lower trendline, macro structural floor (dynamic) A hold above 780–800 and a recovery back toward 833–850 would keep the post-breakout consolidation structure intact and reopen a move toward the all-time high region near 900–920 and potentially above on continuation. A loss of 780–800 and a pullback toward 720–740 would extend the post-breakout correction, and a confirmed daily close below the broken descending trendline near 645–660 would be the first sign the breakout is failing, reopening the risk of a full retrace toward 535–595. All prior targets hit, price consolidating below all-time high. Hold 780–800 → consolidation healthy, eyes on 900–920. Lose 780 → correction extending, broken trendline near 645–660 the key macro level. Bias bullish above broken trendline. Shift only on confirmed close below 645–660.