$ZEC â Waiting for the Ultimate Structural Test đđ
The structure on $ZEC is getting very interesting. We are currently looking for a revisit to the 200-day Simple Moving Average (SMA). From a mean-reversion perspective, a clean "touch-and-go" at that level would be a textbook move.
Current Market Behavior:
The price action is currently in a controlled corrective phase. Thereâs no panic expansion or impulsive breakdown, which suggests the market is searching for value/acceptance rather than collapsing.
The Convergence Zone:
If the price meets the 200-day SMA in the middle, the $300 area becomes the primary zone to watch. This level aligns perfectly with prior price interactions and structural history.
The Verdict:
This zone will be the "make or break" point. It will either confirm a healthy higher-timeframe reset for the next leg up, or signal a deeper trend shift.
Keep a close eye on the reaction at $300! Whatâs your strategy for ZEC? đŹ
#zec #zcash #tradingStrategy #altcoins #TechnicalAnalysiss
