$ZEC/USDT Bullish Analysis #Zcash remains in a broader bullish

$ZEC/USDT Bullish Analysis

#Zcash remains in a broader bullish structure on the weekly timeframe, but it is currently in a corrective phase. The 1W 50 EMA, marked in yellow, is acting as the first dynamic support zone. Price is approaching this level and is likely to test it, making this area a key decision point for the next move.

The 1W 99 EMA, marked in green, is the secondary support. This EMA aligns closely with the major demand zone and serves as the last strong support for maintaining the bullish market structure.

Key support lies between $233 and $155. This zone has historically attracted strong buying interest and now coincides with both the 1W 50 EMA and 1W 99 EMA, increasing the probability of a bullish reaction from this area.

The current price action appears to be a healthy correction within a larger bullish cycle, not a confirmed reversal yet. As long as ZEC holds above the $233 level and does not lose the $155 support on a weekly close, the bullish structure remains valid. A strong reaction from this zone could open the path toward the next major rally phase, with upside potential extending toward the $600 region.