$ZEC pushed higher after defending the 371 area and the recovery back above 395 confirms buyers are still active on dips. The bounce was not random it showed follow through which tells me demand stepped in before price could accept lower levels. Right now ZEC is consolidating near 400 which is a key decision zone and the structure suggests continuation is possible if this level holds. Momentum is steady rather than explosive which usually favors a controlled move higher instead of a sharp rejection.
Here is the revised setup based on this chart.
Buy Zone
398 – 385
Upside Objectives
TP1: 404
TP2: 411
TP3: 420
Risk Level
369
The idea works because the market rejected prices below 380 quickly and every pullback since then has been met with buying interest. As long as ZEC stays above the 385 support band the path toward 404 and 411 remains open with extension toward 420 if volume expands and the breakout sustains.
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ZEC
448.04
+13.64%