$ZEC Two Structures, Two Outcomes
There’s always more than one way to interpret a chart, and the recent move on
$ZEC highlights that perfectly.
One perspective shows a descending parallel channel, while another suggests a potential breakout structure each telling a completely different story.
The challenge is identifying which structure the market is actually respecting.
In one scenario, price is still trading within resistance, failing to break cleanly.
If that holds, we could see a rejection and move back toward the lower boundary of the range.
In the alternative view, price has already broken out of the structure and is now pulling back for a retest. If buyers step in here, it could lead to continuation to the upside.
The key is confirmation how price reacts at this level will determine whether it’s a fakeout or the start of the next leg higher.
$ZEC #ZECUSDT #zec