$ZEC is approaching a key resistance zone after an impressive recovery from the $1,125 support area.
#zec has pushed back toward the $1,357–$1,395 supply zone, where sellers could step in again. I’m watching for a possible rejection and retracement toward the $1,270 area before the next move develops.
If resistance holds, a short-term pullback looks likely. However, a strong breakout and sustained move above this zone could invalidate the bearish setup.
Let the price reaction confirm the next direction rather than chasing the move.
#zec has pushed back toward the $1,357–$1,395 supply zone, where sellers could step in again. I’m watching for a possible rejection and retracement toward the $1,270 area before the next move develops.
If resistance holds, a short-term pullback looks likely. However, a strong breakout and sustained move above this zone could invalidate the bearish setup.
Let the price reaction confirm the next direction rather than chasing the move.
