ZEC is flashing some serious strength right now. The price just broke out of a textbook bull flag formation, a pattern that often signals the start of another rally.
Traders on X are turning bullish, with CryptOpus saying ZEC looks “insanely bullish” and Otto Suwen indicating $300 could be next if momentum holds.
ZEC Bull Flag Breakout Confirms Uptrend
On the 4-hour chart, ZEC price has been forming a tight bull flag, a controlled pullback following a sharp move up earlier this month.
The breakout came right as price reclaimed the $245-$250 zone, a level that’s been acting as both resistance and support over the past two weeks. That zone is now the key area to watch for confirmation.
@ImCryptOpus
The breakout structure points to several upside targets. The first test comes around $274, where previous sellers stepped in. Clearing that level could open the door to $301, and if momentum continues, extension targets line up around $330 and $360.
A full measured move from the flag would even point to the $395 region, which would mark a 50%+ rally from current prices.
For now, as long as ZEC price holds above $245, the bull flag breakout remains valid. A close back below that level, however, would weaken the setup and risk turning this move into a fake-out.
Read Also: Here’s How High Zcash (ZEC) Price Could Go in Q4
Zcash Volume and Market Behavior Support the Breakout
Zooming into the 1-hour chart, there’s been a clear pickup in buying volume as ZEC moved back above $250.
Dips toward the $240 area have been quickly bought up, showing that buyers are stepping in earlier each time. That’s a good sign of accumulation and rising confidence among traders.
@OttoSuwenNFT
Short-term moving averages have flipped upward, and momentum is starting to align with the breakout structure. As long as the ZEC price holds above the mid-$240s, the technical picture stays bullish.
Analysts Eye $300 and Beyond
CryptOpus opened a long position in the $245-$250 “blue zone” and marked targets that align with the $274 and $301 resistance levels.
Otto Suwen’s analysis echoes that view, saying, “Higher for ZEC. I think $300 is within reach.” Both analysts are essentially calling for the same move, a strong continuation once the current resistance breaks.
What Comes Next for ZEC
Zcash is showing one of its cleanest technical setups in months. The breakout from the bull flag pattern, growing volume, and repeated support bounces all point toward bullish momentum.
If the price can close above $274, the road to $300 becomes much more realistic. And if $301 flips into support, ZEC price could stretch toward $330 or even $360 later on.
For now, traders are keeping one eye on $245 as support and the other on $274 as the breakout confirmation level, because if those hold, ZEC’s next leg higher might already be in motion.
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