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Publier
Mike On The Move
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ZEC has now reached the $520-$530 region and is testing what was previously the shoulder base, a key area that could decide the next major move.
After breaking through $480, this was the most logical upside target and the market has respected that roadmap so far.
The focus now shifts to whether this zone can be reclaimed and maintained as support. In previous cycles, $ZEC has shown a tendency to reclaim important levels temporarily, attract late buyers, and then roll over into another distribution phase.
That makes this retest especially important.
If buyers can defend this area and establish a solid base above it, the next objective would likely be a move toward the right shoulder high around $600.
From a broader perspective, this is one of the most critical tests on the chart. The reaction here should help determine whether $ZEC is simply forming a larger lower high within the macro structure, or preparing for another serious attempt at the cycle highs.
After breaking through $480, this was the most logical upside target and the market has respected that roadmap so far.
The focus now shifts to whether this zone can be reclaimed and maintained as support. In previous cycles, $ZEC has shown a tendency to reclaim important levels temporarily, attract late buyers, and then roll over into another distribution phase.
That makes this retest especially important.
If buyers can defend this area and establish a solid base above it, the next objective would likely be a move toward the right shoulder high around $600.
From a broader perspective, this is one of the most critical tests on the chart. The reaction here should help determine whether $ZEC is simply forming a larger lower high within the macro structure, or preparing for another serious attempt at the cycle highs.
Avertissement : ce contenu inclut des opinions de tiers. Il ne constitue pas un conseil. Binance Ai peut être utilisée, sans garantie de résultat. Consultez les CG.