👀 $ZEC : Is another liquidity sweep coming?
After rallying toward $1,900, Zcash has corrected sharply and is now trading around $1,225.
My scenario:
→ Sweep the local highs
→ Reject back below resistance
→ Flush toward $1,150–$1,100
→ Watch for a reclaim that could fuel another recovery
📉 Losing support could extend the correction.
📈 Reclaiming resistance could invalidate the bearish setup.
⚠️ I wouldn't trade the sweep blindly. The reaction afterward matters most.
Would you buy a confirmed reclaim or wait for a deeper pullback?
After rallying toward $1,900, Zcash has corrected sharply and is now trading around $1,225.
My scenario:
→ Sweep the local highs
→ Reject back below resistance
→ Flush toward $1,150–$1,100
→ Watch for a reclaim that could fuel another recovery
📉 Losing support could extend the correction.
📈 Reclaiming resistance could invalidate the bearish setup.
⚠️ I wouldn't trade the sweep blindly. The reaction afterward matters most.
Would you buy a confirmed reclaim or wait for a deeper pullback?