#ZEC Update:
We already closed our
$ZEC position with solid gains and marked the resistance zone in yellow. Price has reacted multiple times from that level with strong rejections.
At this stage there’s no real reason for the price to go higher after this many rejections unless we see a manipulation move, a quick liquidity grab or SL hunt with a wick above. In both cases, whether rejection happens now or after that sweep, downside movement is still the most likely scenario.