source avatarEric Van Tassel (Not a Financial Advisor!)

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This looks more like post-impulse chop inside a rising structure for #ZEC, with price stuck between rising support and heavy overhead supply. That said, this is not clean breakout acceptance either. Bulls still need to prove they can reclaim the local highs and push through the red supply zone with acceptance. For me the key levels are simple: Hold the lower trendline and reclaim 380-385 and continuation is still on the table Lose the lower trendline / 375 area and fail the retest is likely rotation lower into demand Right now this feels less like obvious strength and more like a vulnerable consolidation after a vertical move.

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