$ZEC Pausing after a surge, but the bulls are still holding firm!
ZEC rocketed from 1120 to 1388 and has now climbed to around 1319, taking a breather. Don’t be fooled by the small bearish candle—the price is still holding firmly above MA10 (1331) and MA20 (1309), and the bulls’ formation remains intact.
This is a classic strong-trend shakeout. As long as the 1309 floor holds, it will most likely push higher again after the pause. If you haven’t gotten in, don’t rush to chase it—wait for a pullback and signs of stability. If you’re already on board, stay put and don’t get shaken out too easily!
ZEC rocketed from 1120 to 1388 and has now climbed to around 1319, taking a breather. Don’t be fooled by the small bearish candle—the price is still holding firmly above MA10 (1331) and MA20 (1309), and the bulls’ formation remains intact.
This is a classic strong-trend shakeout. As long as the 1309 floor holds, it will most likely push higher again after the pause. If you haven’t gotten in, don’t rush to chase it—wait for a pullback and signs of stability. If you’re already on board, stay put and don’t get shaken out too easily!
