#zec IS RECOVERING STRONGLY – BUT THE $600 ZONE WILL BE THE REAL TEST
ZEC surged from the bottom of $470 and is currently trading around $576 with an intraday increase of more than 10%. The flow of money has clearly returned after a deep sell-off, indicating that the buying force is actively absorbing liquidity.
However, the $590–$610 zone remains a key resistance. This area has created many reversal points in the past week. The probability of fluctuations or a slight adjustment to the $565–$550 zone is entirely normal as the market re-tests supply and demand.
If the buying force is maintained and $ZEC
holds the $550 mark, the short-term recovery structure remains positive and a retest of $600 can be expected within the next 24 hours. Conversely, losing $550 could trigger a deeper adjustment before the market finds its balance.