$ZEC is still clearly maintaining a bullish structure, with higher highs and higher lows recorded over the past weeks. It has also reclaimed support above the 20-day moving average, a level closely watched by traders.
Yes, there are talks of a potential head and shoulders pattern forming, but that pattern holds no value until there's actual confirmation. In the meantime, the relative strength indicators and bullish divergence are still worth monitoring.
The market is currently driven by liquidity and geopolitical events, not by speculation. The real question isn't whether a correction is possible, but whether the price can establish itself above key resistance levels and turn them into support.
If it succeeds, many will find that waiting for the "perfect entry" was the biggest mistake they made.
Follow the data, not the noise.
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