Since Dec 12, $ZEC has been stuck in a corrective structure, not an impulsive one.
Yes, price has bounced — but every bounce came with less participation. Daily volume has mostly stayed below 100K, with even the “bigger” days failing to clear ~200K. The only real expansion in that entire stretch? A red volume spike near 400K. That tells you who was actually active.
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: $ZEC
•Repeated rallies into the same HTF resistance
•No sustained volume expansion
•Price stalling after green closes
•Acceptance attempts with zero follow-through
That’s not accumulation. That’s relief + short covering.
Low volume can push price around, but it cannot drive price through heavy HTF supply. That’s exactly why this level has been tagged and rejected 19 times on the daily. Failed reclaims usually don’t lead higher — they open the door to deeper downside.$ZEC
Since Dec 12, structure and volume haven’t changed.
Only sentiment has.
Green candles don’t override that.
