$ZEC / USDT - Update
ZECUSDT
Trvl
358.24
+5.12%
To me, it honestly seems very expected to retest the supply zone at this level. Looking at the previous price action, it is clear that most of the selling pressure was concentrated here, so rejection or hesitation can be both normal.
Now the real thing - if this zone can be clearly broken and held, then it will give a strong signal of a structure change. And if it can't, then there is a chance of wandering around within the same range again.
so for now, I’m just watching how it reacts here rather than rushing any strong bias...👀🤔