Zcash surged more than 17% from 1,022 to 1,200 in half a day to set an all-time high, and now trades near 1,171 after leaving an upper wick behind.
The 1,094-1,122 band is where three things overlap at once: the middle of the price gap the rally skipped straight through, the level that gives back half to 80% of this advance, and the old high flipping into support.
The stop sits under 1,042 because that is below the previous high whose break created this surge - closing beneath it would mean the breakout has failed.
The full analysis is for members
Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.
