$ZEC just showed the kind of reaction that gives me a clear reason to prepare for a short-term recovery setup. I’m watching how price finally hit 334.91 after a heavy selloff and instantly rejected that level with a strong lower wick. Sellers were in control for hours, but even with that pressure they couldn’t break below the new low, and whenever a chart refuses to extend a breakdown, that’s where buyers quietly start showing interest again.

Right now price is sitting around 342.39 and the candles are beginning to stabilize after the first bounce. This type of recovery doesn’t start with a big explosion; it starts with slow compression, smaller dips, and repeated defenses of the same zone. I’m seeing that exact pattern forming here. If buyers continue to defend the area above 338, another controlled upward push becomes possible.

Here is the clean setup I’m seeing:

ENTRY POINT

341 to 344

This zone sits right above the defended low where buyers first stepped in. If price retests or moves within this range with stability, the continuation chance stays alive.

TARGET POINT

348

353

These are the next clean liquidity levels sitting above the bounce zone. If buyers maintain pressure, price can reach these levels in a steady recovery wave.

STOP LOSS

336

If price drops back below this level, sellers regain full control and the bounce setup loses validity. Keeping the stop here keeps the structure protected and disciplined.

How it’s possible

The strong wick at 334.91, the slowdown in selling pressure, the early recovery candles, and sellers failing to print a fresh low all point toward a short-term reversal attempt. Whenever a heavy downtrend hits exhaustion, the market often tests the nearest liquidity above before choosing the next major direction. I’m watching that pattern unfold clearly on the chart.

Let’s go and Trade now $ZEC