$ZEC Currently, it has already reclaimed the previous weekly low, and the retest position happens to be exactly where the long upper wick of that weekly candle first formed resistance. If this zone can hold steady (I think there's a high probability it will), without being directly broken through, it indicates that the previous locked-in positions have been largely digested, and the market is beginning to accept transactions within this range. As long as this structure holds, any subsequent upward momentum will be much smoother, without requiring excessive effort to unlock the chips above.
From a spatial perspective, looking upward to the 630-650 zone is a fairly reasonable target. This is the area of previous dense trading and the greatest divergence of opinion. Only when reaching there will we truly encounter meaningful selling pressure.
$ZEC Currently, it has already reclaimed the previous weekly low, and the retest position happens to be exactly where the long upper wick of that weekly candle first formed resistance. If this zone can hold steady (I think there's a high probability it will), without being directly broken through, it indicates that the previous locked-in positions have been largely digested, and the market is beginning to accept transactions within this range. As long as this structure holds, any subsequent upward momentum will be much smoother, without requiring excessive effort to unlock the chips above.
From a spatial perspective, looking upward to the 630-650 zone is a fairly reasonable target. This is the area of previous dense trading and the greatest divergence of opinion. Only when reaching there will we truly encounter meaningful selling pressure.