$ZEC is going through a healthy pullback after the recent rally, which helps the market absorb gains and shake out weaker positions. Corrections like this are normal and often set the stage for a stronger continuation.

Trade Setup:

Entry Zone: $416 – $418

Target 1: $425

Target 2: $432

Stop Loss: $412

I’m watching this zone closely because it aligns with previous support around $417.5 and coincides with the 0.618 Fibonacci retracement of the recent swing. They’re building strength here, and if this level holds, ZEC could rebound toward the targets.

$6.5755K worth of shorts were liquidated at $417.49, showing strong buying pressure and reinforcing this key area.

#WriteToEarnUpgrade #CPIWatch #BinanceBlockchainWeek #CryptoRally

$ZEC

ZEC

423.88

+9.62%