ZEC 4H – Breakout Above Demand Zone Into New Highs

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ZEC 4H – Breakout Above Demand Zone Into New HighsZcash / TetherUSBINANCE:ZECUSDTBKVIPZEC on the 4H timeframe is currently trading around 663 after an explosive breakout from a demand zone between 440–500 that had contained price throughout most of May before buyers stepped in aggressively and launched price to a new high near 680+ on this chart. The rising trendline from the late April lows provided the macro support that held throughout the consolidation, and the bounce from the demand zone aligned perfectly with the trendline, triggering the breakout. Price is now pulling back slightly from the spike high near 680 and sitting just below that level. Key Levels To Watch 680+ → Spike high, no visible resistance above on this chart 663 → Current price, just below recent high 620–640 → Minor support, prior breakout zone 580–600 → Prior resistance zone, now potential support 500 → Top of demand zone, key support below 440–500 → Demand zone, major support floor Below 318 → Full structure breakdown The breakout above the 500 demand zone ceiling was the key structural event. Price launched through every prior resistance level and reached new highs on this chart in a fast and aggressive move. A hold above 620–640 on any pullback would keep the bullish breakout structure intact and set up a potential continuation beyond 680. A deeper pullback below 580–600 shifts focus back to the 500 demand zone ceiling as the next key support. Structure fully bullish above rising trendline. Hold 620–640 → structure intact, eyes on 680+. Lose 580–600 → deeper pullback toward 500 demand zone. Bullish above rising trendline. Bias shifts only on loss of demand zone at 440–500.