#zec PRINTED A WICK, NOT A BREAKOUT

The ceasefire news sent $ZEC flying. Peaked at $405. Looked like a reclaim. Wasn’t.

Price collapsed back to $319 before the session even cooled nearly wiping out the entire move in real time. That’s not bullish price action. That’s a liquidity sweep.

Sellers were positioned. They let retail chase the breakout, then distributed straight into the excitement. Classic.

Support at $319 is the only thing standing between current price and a full retest of the $180 base. No clean hold above $405 means the burden of proof stays on bulls.

The macro catalyst was real. The follow through wasn’t.