ZEC trades below $600 as analysts watch $570 reclaim and $540 support, with $620 resistance key for a move above $700.
Zcash is trading near a key recovery area as traders watch the $600 level again. The latest market comments place $540, $570, and $620 at the center of the setup.
Market analyst Ardi said ZEC is sitting just below $600 after a clean move from recent lows. He described the current phase as a continuation attempt after price reclaimed lost support.
Another analyst, Nehal said the $540 breakout remains the level bulls need to defend. He added that a move above $620 could weaken the wider lower-high structure.
For now, the ZEC outlook depends on whether support holds during the next pullback. A firm hold could keep the $600 retest in focus for traders.
ZEC Recovery Structure Remains in Focus
Ardi said ZEC has followed a clear sequence from its recent lows. Price first moved below support, then reclaimed that area. This move may have trapped short sellers before the latest recovery attempt.
$ZEC is looking ready to attempt the highs again, currently sitting just below $600.
It’s been a pretty clean sequence from the lows.
Terminal flush below support > reclaim it to trap shorts > continuation to challenge new local highs.
We’re currently in the continuation… https://t.co/GjcWkHhIsA pic.twitter.com/4xse9puPhJ
— Ardi (@ArdiNSC) July 18, 2026
The analyst said ZEC is now trying to continue higher. However, price still needs to clear nearby resistance. A move back above $570 would strengthen the short-term setup.
The $570 area is now an important hourly base. If buyers reclaim it, ZEC could challenge the zone above $600. Without that move, price may remain inside a tight range.
$540 Support Holds Bullish Setup
Nehal said ZEC is trading at a critical level. He said the $540 breakout must hold as higher-timeframe support. This level now acts as the main line for the bullish case.
https://.twitter.com/nehalzzzz1/status/2078370504621351043?s=20
If $540 holds, the next target sits near $620. Nehal described $620 as a major resistance zone. It also marks the final lower high from the May pattern.
That structure matters because ZEC has remained below lower highs for months. A clean break above $620 would change that pattern. It could also open the way toward levels above $700.
Read also: Zcash Emergency Upgrade Fixes Critical Bug as ZEC Eyes $610 Breakout
$620 Break Could Shift Wider Trend
The next move depends on how the price reacts near $620. A decisive break above that level would improve the recovery structure. It would also reduce pressure from the previous downtrend.
However, rejection before $620 would keep the wider downtrend active. In that case, sellers could try to push ZEC back toward support. Traders would then return focus to the $540 area.
For now, ZEC remains between support and resistance. The main levels are $540 support, $570 recovery, and $620 resistance. These zones may guide the next move toward $600 or lower support.
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