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#ZEC Update (4H) The downside move may be coming to an end. Since September 28, $ZEC has been in a pullback after breaking the rising trendline support. I mentioned then that price could drop toward $1,000. It did come close, tagging as low as the $1,041 area, but that low has held so far. We are now seeing early signs of a reversal. The bearish trendline is currently being broken, which shows some strength from buyers. Still, I am not calling the shift fully bullish yet. The confirmation I want is a clean 4H candle close above the $1,253 lower high. If that break happens, it opens the door for a possible rally back toward the last high around $1,700. Until then, the idea is still developing. A failure to close above $1,253 keeps the lower levels in play. Share your thoughts!

2 hours ago
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