The chart shows a clear breakout from the latest consolidation zone with a series of strong green candles breaking through resistance. Volume increased during this move, adding confidence to the uptrend. We reached a high of 405 today, and if we can stay above the support at 390, it could retest the upper band.


In the long term, the one-year performance is very impressive with over 1000 percent, so this feels like part of a larger cycle. However, in the short term, watch out for a possible pullback to the middle Bollinger band around 373 or the rising yellow trend line if sellers start to enter. Overall, the structure remains positive as long as we stay above the recent low around 374. An interesting setup for ZEC holders.
ZEC9.42%
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