🚀 $ZEC Market Update | Traders Alert!
ZEC recently tested the $549 resistance area, where strong selling pressure was observed. Sellers booked profits and pushed the price down, but this move does not signal weakness; rather, it seems like a healthy market correction.
🔥 What does this move mean?
🔹 Sellers became active in the high liquidity zone
🔹 After the recent bullish rally, buyers took a slight pause
💎 The interesting part starts here:
ZEC is currently consolidating around the strong demand zone of $515–$518, where historically buyers have shown a good bounce.
⚡ If buyers defend this level, a retest above $550 in the next leg is possible. There is a real battle between bulls and bears in the market, and this zone will decide the short-term direction.
📊 Smart traders are closely watching volume and price action at this level.
