$ZEC has successfully pivoted from the $470 liquidity zone.
Zooming out, the daily structure is still intact and has simply formed a higher low.
The key now is defending $470 as support while finally securing a daily close above $510 — a level $ZEC has failed to reclaim over the past few weeks.
Hold the pivot, reclaim $510, and the structure starts looking much stronger.
Zooming out, the daily structure is still intact and has simply formed a higher low.
The key now is defending $470 as support while finally securing a daily close above $510 — a level $ZEC has failed to reclaim over the past few weeks.
Hold the pivot, reclaim $510, and the structure starts looking much stronger.