Since Dec 12, $ZEC
hasn’t been building strength — it’s been bleeding momentum.
Yes, price bounced.
But look closer: every bounce came with less participation.
Daily volume stayed weak — mostly under 100K. Even the “strong” days couldn’t clear ~200K.
The only real expansion?
A red volume spike near 400K.
That tells you exactly who showed up.
HTF resistance doesn’t break because of a green candle.
It breaks when buyers step in with size — and stay.
What we’ve actually seen on $ZEC:
Repeated rallies into the same HTF resistance
No sustained volume expansion
Green closes followed by immediate stalling
“Acceptance” attempts with zero follow-through
That’s not accumulation.
That’s relief rallies and short covering.
Low volume can move price.
It cannot push through heavy HTF supply.
And that’s why this level has been tagged and rejected 19 times on the daily.
Failed reclaims don’t lead to breakouts — they open the door lower.
Since Dec 12:
Structure hasn’t changed
Volume hasn’t changed
Only sentiment has.
And sentiment doesn’t break resistance.
Liquidity does.