Technical analysis by karaco2022 about Symbol ZEC: Buy recommendation (5/31/2025)

ZEC Technical Outlook – Can It Reach $80? Can ZEC reach the $80 level, implying a +60% potential gain? It’s possible — but there are key resistance and support levels to watch closely. The first major resistance lies around $55, which might be tested soon. However, there is also a possibility of a fake breakout above this level, followed by a short-term correction. In such a case, price could pull back toward the $40 support zone, which may act as a stronger base for a more sustainable move to the upside. 📈 For now, the trend remains bullish, but price action around $55 will be critical in shaping the next move. 📌 This analysis is for educational and informational purposes only and does not constitute financial advice. 📝 Follow for more updates on ZEC and other crypto assets.ZEC Update – Testing Key Resistance ZEC has now reached the key resistance zone, and there is a possibility of a fake breakout before a potential correction. If you entered based on the previous analysis, this could be a good moment to consider partial profit-taking (secure some gains). However, if the resistance is broken with strong confirmation, the price may continue to rise without a significant pullback. 📌 As always, price action around resistance levels will provide more clarity in the coming sessions. 📘 This update is for educational purposes only and does not constitute financial advice.