$ZEC is at an interesting point after a strong rally from the $300 demand zone into the $600–700 resistance area.

That region has already proven to be a major supply zone, and the recent rejection shows sellers are still active there.

The chart suggests that a deeper pullback could be on the table before the next major move. If price retraces toward lower support and buyers step in again, it could create a healthier structure for another attempt at higher levels.

Despite the short-term weakness, the bigger picture remains constructive. ZEC has already printed a clear change in market structure and continues to hold well above its previous accumulation range.

For now, I’m watching how price reacts during this correction. A strong defense of support could set the stage for the next bullish leg. #zec