$ZEC pushed into an aggressive vertical expansion wave on the 1-hour chart, breaking out sharply from its previous consolidation base to print a fresh local high.
$ZEC has formed a solid horizontal demand zone around the $605.00 – $630.00 region, serving as the main support shelf where buyers should step in on a dip.
The technical roadmap points to a brief corrective pullback for a clean structural retest of this support floor before a secondary leg higher aims toward $720.00.
Chasing the momentum up here offers a weak risk-to-reward ratio, so waiting for a structured retest near the demand shelf is the smarter play.
#ZEC #Privacy #Altcoin Season#
$ZEC has formed a solid horizontal demand zone around the $605.00 – $630.00 region, serving as the main support shelf where buyers should step in on a dip.
The technical roadmap points to a brief corrective pullback for a clean structural retest of this support floor before a secondary leg higher aims toward $720.00.
Chasing the momentum up here offers a weak risk-to-reward ratio, so waiting for a structured retest near the demand shelf is the smarter play.
#ZEC #Privacy #Altcoin Season#