($ZEC MARKET UPDATE)
$ZEC is slowly building strength again after the recent move, and price is now getting close to a very important supply zone near $600. The market has already respected this area once, so this level will decide the next major move. Right now, buyers still look active, and the way price is holding above support is a positive sign for continuation.
I am not looking to enter before confirmation. The safer entry for me will be if price breaks above the $600 zone with strong volume and then holds above it. If that happens, we can expect a fast move toward the $680+ area. Stop loss can be kept below the recent support around $575–$580. If price fails to break the resistance, then a short pullback is also possible before the next move.
$ZEC