Zcash Price Forecast: ZEC Eyes 60% Breakout in Convincing Bear Trap Scenario

Zcash (ZEC) failed to decisively break past its psychological resistance level of $450 and had dropped nearly 8.50% to $419 as of Tuesday.

However, the price action occurred inside what appears to be an ascending triangle pattern, raising odds that ZEC’s ongoing dump may trap bulls at one point in December.

Let’s examine now.

ZEC’s Triangle Pattern Signals 60% Rally

Zcash is forming an ascending triangle after a sharp downtrend, which signals a bullish reversal setup.

The higher lows show buyers are gaining confidence and stepping in sooner, while sellers are defending a flat resistance zone near $450–$470. This pressure buildup often precedes a breakout, especially if volume expands on upside moves.

The chart above points to a potential upside resolution, with a measured move implying a rally of up to 60% to $650 if resistance breaks cleanly.

However, the risk lies in context. If broader market sentiment stays weak or volume fails to follow through, the breakout could stall and reverse. In that case, late buyers may get trapped, turning a bullish setup into a classic bull trap.

Zcash is Holding Key Weekly Support

On the weekly chart, Zcash bounced by over 50% after testing its 20-period exponential moving average (EMA), a support that held strong as of December 2025.

As long as the price stays above this zone, the bullish structure remains intact.

The rebound has already pushed ZEC back into the mid-range of its Fibonacci levels, opening the door for a move toward the $580–$620 Fibonacci resistance zone, with $600 emerging as the near-term upside target if momentum sustains.

ZEC Liquidation Clusters Signal Rally Toward $460

The liquidation heatmap shows a balanced but tense setup, with liquidity stacked on both sides of ZEC’s current price.

On the upside, a short-liquidation cluster is concentrated around the $450–$460 zone, sitting relatively close and capable of attracting price through short covering if momentum builds.

However, this move would primarily reflect volatility rather than a confirmed trend shift. On the downside, a larger long-liquidation cluster near $380 represents deeper liquidity that could come into play if the price fails to hold key support levels.