$ZEC has just formed the right shoulder of its pattern, perfectly touching the 540 demand zone, which is the deeper support level we highlighted earlier.
The price is currently pausing around the 680 mark. This level aligns with a previous resistance area and now acts as a key confidence zone for buyers (bulls). This is the first significant hurdle before testing the neckline of the pattern.
If this setup develops as expected and we get a confirmed breakout, the projected price move could target the high $800 range.
Key levels to watch:
· Support: 600, 580, 540
· Resistance: 680–700 (the neckline), 740
Momentum is building. All eyes are on the confirmation for the next move. Follow to stay updated.
