Alright team,
Taking a look at $ZEC here.
Been a bit of a grind down, hasn't it? Looks like we found some temporary relief around the $38.50 mark, which has acted as a decent bounce zone.
Volume's been a bit muted, not seeing any massive influx yet to confirm a strong reversal.
Right now, we're trying to push back above $40. It's crucial we hold this level if we want to see any further upside.
If we can consolidate here and get some more buying pressure, we might see a move back towards $41.50. But if that $40 level breaks, we could easily retest the lows.
Keep your eyes peeled. This one could go either way in the short term.
Trade safe.
