$ZEC is doing exactly what I expected after that short-term bullish RSI divergence on the 15M. Price bounced from the ~$1,130 area and has now worked back toward the top of the local range around $1,150–$1,155. If ZEC can get acceptance above this area, I think a push into roughly $1,185–$1,195 makes a lot of sense. That zone is important because it brings together horizontal resistance and the broader descending trendline that outlines the right side of the larger right-shoulder structure. So even if price pushes higher from here, it would still simply be another lower high inside the larger bearish trend unless ZEC starts reclaiming much more substantial structure. What I’ll be watching closely is the quality of the move into that box. If price gets there on weakening volume and starts printing upper wicks again, that would be exactly the kind of setup I’d expect from a relief rally running into supply. Short-term bounce? Very possible. Trend reversal? Not yet. #ZEC #Zcash #Crypto #TechnicalAnalysis #MarketStructure #RSI #PriceAction #TradingView