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Wait, did $ZEC just wake up?
I’ve been watching this consolidation for a while and that vertical move caught everyone off guard.
Price is currently hovering around 518 after tagging that 522 resistance. We’re seeing some high volume sustained at the top which is usually a good sign, but the 1h candles are starting to show some upper wicks.
I’m looking for a clean retest of the 508 area to see if it holds as new support. If it flips that, we might see another leg up toward 530. If not, this could just be a classic liquidity grab before a pullback.
Staying patient on this one.
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