$ZEC Is Sitting At A Very Interesting Spot ??

For the past week, every selloff into the 410-430 area has been bought back. Sellers are still pushing, but they're not getting the same results they were getting a few days ago.
At the same time, price keeps getting compressed beneath a falling trendline that has controlled the market since the June spike. The longer this type of structure develops, the bigger the move tends to be once it finally breaks.
I'm not interested in chasing candles up here. What I'm watching is whether buyers can continue defending the current range and eventually force a breakout above the trendline.
If that happens, the next areas on my radar are 471, 510 and potentially 543.
The idea is simple: as long as this base keeps holding, I see no reason to be bearish. If buyers lose the 410 region, then the entire setup needs to be reassessed.
For now, ZEC still looks like a market building energy rather than one ready to break down.