$ZEC Market Pulse What is Going on and What to monitor.

**Quick Take:**

$ZEC

ZEC
ZEC
433.4
+6.96%

is reversing its recent low, restoring the higher lows, and gradually moving the momentum in an upward direction. A potential break out is already in place yet a clean move past the resistance zone will actually trigger the break out.

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### 🔍 What the charts are saying

indicator Current Reading Implication

|-----------|----------------|-------------|

|Bigger Lows| Proven over the past 4-5 candles Buyers are entering; the trend is becoming positive

| 48-52 | Near neutral; lower than 45 would be an indication of a sell-off and above 55 would be a strong indication of bullishness.

| 50 EMA higher than 200 EMA Classic bullish crossover - death cross has passed; long-term inclination is upside.

|human|>|human|>Up 15-20 times the volume of recent lows |Accumulation phase; volume has not yet broken out with a spike yet.

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