Zcash Extends Rally as Volume and Money Flow Stay Strong

ZECUSDT(ZEC) continues its powerful uptrend, trading near $518 after breaking out of a flag pattern on October 24. The structure remains bullish, with the Chaikin Money Flow (CMF) holding above +0.20, confirming strong inflows from large wallets. Meanwhile, On-Balance Volume (OBV) keeps climbing above its October trendline, showing that the rally is backed by steady accumulation rather than speculation.

Key resistance for ZECUSDT now sits at $594, aligning with the 1.618 Fibonacci extension. A breakout above that level could open the way toward $847, the 2.618 target. On the downside, $384 remains the strongest support, having absorbed every pullback since November 1.

Spot inflows have dropped by more than 90% since early November, signaling reduced retail selling pressure. With volume confirming the move, ZECUSDT’s uptrend still shows no clear signs of slowing.