ZEC BULLISH · 12h

In 3 lines

• Zcash surged from $490 to $888 in two weeks and has now spent five days resting in a $751-870 range without making a new high.
• At $757-773, four recent bottoms, the 4-hour average price line, and the band where the heaviest trading volume piled up all overlap in one place.
• $751 is where the sell-off stopped on the day the ETF actually launched, so a close below it means this read was wrong and the trade is cut.