ZEC has been a volatility monster all quarter — a run from $200 to a $690 structural peak in May, then a chaotic correction that included a violent liquidity sweep flushing price briefly toward $250 before snapping back. That kind of two-sided volatility is exactly the playground where liquidity hunts thrive. Price has since settled into a $360–$520 range and is now bouncing off the lower third at $440, with RSI curling back up through the midline for the first time in weeks.
The Setup ⚙️
The Reaction: The $360–$380 support absorbed the latest leg down and price has turned up on renewed demand. Buyers are defending the lower boundary of the range, and the RSI recovery suggests the immediate pressure has shifted back toward the upside.
The Ceiling: The $500–$520 band is the decision that defines this bounce — the recent lower high and the level a genuine recovery must reclaim. Until it breaks, price remains inside the broad correction range.
The Roadmap: Primary target sits at $520 — the Local High and the ceiling of the current range, where the green roadmap points if the bounce sustains. Invalidation: a sustained 1D close below $380 would invalidate the bounce and reopen the path toward the $340 macro support beneath.
