Zcash Bulls Target Critical Zone – History Shows This Rare Breakout Could Ignite Explosive Move

Zcash bulls are gathering around a technical level that's proven nearly unbreakable – and the entire crypto market is watching.

The Unbreakable Barrier

Traders are circling a specific price zone that has rejected bullish advances multiple times throughout Zcash's history. This resistance level isn't just another line on the chart – it's become a psychological battleground where bulls and bears have repeatedly clashed.

What Happens at the Edge

When technical barriers this significant finally crack, they tend to trigger massive momentum moves. Either Zcash gets rejected hard and retreats to consolidate, or we witness the kind of breakout that makes traders forget their morning coffee. Because nothing wakes you up like watching a coin smash through resistance that's held firm for months – except maybe realizing you sold too early.

The entire privacy coin sector holds its breath as Zcash approaches this make-or-break moment. Will history repeat with another rejection, or are we about to witness the rare breakout that reshapes the chart?

Key Takeaways

Why is ZEC gaining again?

Price rebounded 15% to $224 after holding above its 20-day EMA, signaling renewed buyer strength.

What do Zcash’s derivatives show now?

Open Interest hit $170 million and Long/Short Ratio 1.213, supporting a continued MOVE toward $300 liquidity clusters.

Zcash [ZEC] rebounded sharply after days of selling pressure, rising 15% in 24 hours as buyers reclaimed control.

The recovery began when prices bounced off the 20-day EMA at $187.75, marking the start of a short-term uptrend.

ZEC traded at $224.20 on the 18th of October, extending its two-day rally while momentum strengthened.

Source: TradingView

The Stochastic RSI hovered NEAR 5.82 / 6.85, rebounding from oversold levels. This indicated that selling momentum was fading and positioned ZEC for a possible retest of the $300 resistance zone.

Buyers dominate the derivatives market

Derivatives metrics reinforced the same outlook.

AMBCrypto’s analysis of Coinalyze data showed that the Aggregated Long/Short Ratio stood at 1.3, signaling a strong bias toward long positions.

That shift reflected improving sentiment after a prolonged bearish stretch.

Source: Coinalyze

Since mid-October, this ratio has consistently remained above 1.0 alongside a steady rise in Open Interest, which climbed to $170.6 million.

This mirrors ZEC’s earlier mid-October setup, when Open Interest surged to $237 million amid strong retail inflows—an episode that preceded its previous 12% daily rally toward $300.

Together, these readings highlight traders’ growing confidence and hint at continued upside potential as short liquidations cluster near $210.

Source: Coinalyze

Liquidity zones favor another push higher

According to CoinGlass, multiple liquidity clusters lie above the abovementioned prices.

The largest sat at $300 at press time, backed by roughly 1.49 million in liquidation leverage—marking it as the next high-interest zone.

Source: CoinGlass

This setup supported the view that ZEC could extend its rally toward $300, provided trading volume holds.

However, the Liquidity Heatmap also showed new demand forming between $200–$210, creating a short-term support base that could fuel another rally if trading volume continues to rise.