Zooming out on the daily chart with no chart structuring at all, there is an important trend to notice. This supports my base case that $ZEC is still in a corrective phase.

Volume is diverging sharply from price on the daily chart.

While price is drifting upward, participation is shrinking.

That’s more significant than momentum indicators like RSI, because volume reflects actual activity behind the move.

Structurally, this suggests the market is in a corrective phase beneath major resistance.