Wait, did $ZEC just find its floor?
After that ugly slide down to 371, it looks like the buyers finally woke up. We’ve seen a decent bounce back toward the 400 level, but the real test is happening right now.
The chart shows a bit of a "W" formation trying to take shape. If we can flip this 400 area into solid support, we might actually have some room to run toward 413. However, the volume isn't screaming "moon" just yet, so I’m watching for a rejection here.
If it fails to hold 395, we’re likely heading back down to retest those lows. I’m staying patient on this one.
ZEC
429.93
+8.31%