XMR – Privacy Coin Ready to Follow ZCASH Pump? (Cup & Handle)

ZCASH (ZEC), another privacy-focused coin, recently made a strong bullish move.
Since Monero (XMR) belongs to the same privacy coin category, it has a high chance to follow the same bullish momentum as capital rotates within this sector.

🧠 Technical Analysis

• Cup & Handle Structure:
  A cup & handle pattern is forming, signaling a possible continuation move.
  The handle is currently developing inside the Golden Pocket (0.5–0.618 retracement zone) — a key level for potential bounce and re-entry.
  
  
• Key Levels:
  🟩 Golden Pocket (Entry Zone): 437–430
  🟦 Major Support: 402
  🟥 Major Resistance: 520 (ATH)
  🎯 Target: 543 (≈ +23.9%) (based on cup size)
  
  
• Momentum (Stoch):
  Stoch is oversold and beginning to cross upward, suggesting a short-term bullish reversal setup.
  
  💬 Conclusion
  With Stoch oversold, price sitting inside the Golden Pocket, and a Cup & Handle pattern forming, XMR shows a strong chance to follow ZCASH’s bullish breakout.
  Watch for a bounce confirmation in the Golden pocket zone before entry.
  Bias remains bullish as long as price holds above 401 USDT.