CONSOLIDATION BUILDS MOMENTUM AS BREAKOUT PRESSURE INCREASES
$ZEC is currently displaying a strong consolidation structure after an aggressive recovery from the lows, with price stabilizing just beneath a local resistance zone. The chart reflects a clear shift in short-term momentum, as buyers have stepped in consistently, forming higher lows and compressing price into a tightening range. This type of structure typically signals accumulation, where the market builds pressure before a decisive move.
What stands out is the repeated respect of the mid-range support, indicating that buyers are defending this level with conviction. At the same time, resistance above is being tested multiple times, weakening seller control. This repeated tapping into resistance often leads to a breakout as liquidity above continues to build.
The projected path suggests a brief pullback into the marked demand zone before continuation higher, targeting the next liquidity pool above recent highs. As long as price holds above the current support structure, the bias remains bullish. A clean breakout from this range could trigger a strong expansion move to the upside.
