$ZEC is holding the 1,075.00 low with a steady reaction from buyers.
Price swept that low and printed a recovery candle, so sellers are losing momentum.
EP
1,078 - 1,091
TP
TP1 1,110.96
TP2 1,157.50
TP3 1,204.04
SL
1,058
Liquidity was taken below 1,075.00 and price reacted straight away, which shows demand stepping in at that zone. Structure is still a pullback from the 1,254.97 high, so a reclaim of 1,110.96 is what shifts control back to buyers. Liquidity sits above 1,157.50 and that is the draw if the base holds.
Let's go $ZEC
Price swept that low and printed a recovery candle, so sellers are losing momentum.
EP
1,078 - 1,091
TP
TP1 1,110.96
TP2 1,157.50
TP3 1,204.04
SL
1,058
Liquidity was taken below 1,075.00 and price reacted straight away, which shows demand stepping in at that zone. Structure is still a pullback from the 1,254.97 high, so a reclaim of 1,110.96 is what shifts control back to buyers. Liquidity sits above 1,157.50 and that is the draw if the base holds.
Let's go $ZEC