ZCash clears $300 barrier as short-term bullish trend targets $342–$360 zone
ZCash rebounded from the $187.9 long-term support and has now broken above the $300 local resistance, while gaining 9.88% in 24 hours alongside a 25% jump in trading volume. Technical signals highlight key overhead levels at $320, $357, and the $365–$460 supply area, with liquidity clusters near $342 and $360 suggesting further upside before a deeper correction. However, overbought momentum indicators and potential rejection of Bitcoin near $70,000 could trigger consolidation or a pullback for ZEC.