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$ZEC 5 hours ago I mentioned 600, many people are empty
Also briefly analyzed the trading volume and shadow lines
Now, after two consecutive large bearish candles at high levels, the correction is evident, and momentum has significantly weakened. From a technical indicator perspective, the Bollinger Bands, which were extremely wide and upward-opening, are beginning to contract, with the price moving from the upper band toward the middle band, facing considerable short-term resistance.
The key support levels are between 550 and 530. Losing this zone could trigger a healthy correction, approaching the MA30 at 498.
Staying above 550 and breaking through 580–604 could trigger another strong upward wave, entering new territory.
Breaking below 550 might lead to a corrective pullback toward 498–480.
There might still be another wave afterward.