$ZEC Zcash is still trying to consolidate within this ascending formation, looking for a clean daily breakout above the $450 level.
There is some breakout fatigue on the 1H and 4H. Price didn't manage to push as high as the previous attempt (~$465), and we’re currently sitting right on the $430 daily support. Needs to hold here to maintain local structure and build liquidity for another attempt up.
If these liquidity zones give way, bulls will need to defend the multi-timeframe support cluster around ~$420 to avoid a structural breakdown on the chart.
If those are lost, the probability of $450 being a Double Top increases massively, with a break of the neckline at $375 being the true confirmation of the flush.
Currently, the only long worth considering is a clean, convincing daily reclaim and hold above $450.
If that breakout attempt fatigues further or the local support structure is lost, then the price action would favour short-side setups.