My view on $ZEC 👀
$ZEC is slowly rebuilding its bullish structure after the correction from the $589 peak. The recent rebound from the lows shows buyers are defending key support, while price continues to hold above the psychological $500 level.
As long as this support remains intact, I expect bulls to challenge the $530–$550 resistance zone. A clean breakout above that area could open the path for another test of the $589 high.
For now, the chart favors patience over panic.
The trend is improving.
Now it's up to the bulls to turn this recovery into the next breakout.
$ZEC is slowly rebuilding its bullish structure after the correction from the $589 peak. The recent rebound from the lows shows buyers are defending key support, while price continues to hold above the psychological $500 level.
As long as this support remains intact, I expect bulls to challenge the $530–$550 resistance zone. A clean breakout above that area could open the path for another test of the $589 high.
For now, the chart favors patience over panic.
The trend is improving.
Now it's up to the bulls to turn this recovery into the next breakout.