$ZEC is currently trading around $228, stabilizing after a sharp decline from the $400 region and forming a short-term base above the $184 swing low. On the 4H timeframe, price is moving in a tight consolidation range between $220 support and $240 resistance, signaling volatility compression. This structure often precedes a strong breakout move.
If bulls reclaim $240, upside momentum could accelerate toward $268, followed by $315 as the next major resistance zone. However, failure to hold $220 may trigger a retest of $200, and a breakdown below that exposes the key demand area near $184. Volume remains relatively controlled, suggesting the market is waiting for a catalyst. $ZEC
Traders should watch for a decisive breakout with volume confirmation. The next expansion move could be aggressive. 🚀
📌 Not financial advice. Trade with proper risk management.
Disclaimer: I am not your financial advisor.
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