ZEC has received buyer support at a key support level, and this time it did not disappoint. From a higher time frame perspective, the upper support level has performed very cleanly and has not been easily broken through. Although the previous correction faced some pressure, the buying volume absorbed it quite thoroughly, forming clear higher lows. This indicates that the bulls stepped in before the value was compromised. As long as this support level is not broken, from a structural point of view, it is more favorable for continued upward movement rather than distribution and selling. Currently, the bullish pattern still continues.
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SchroedingerMiner
· 6h ago
This time the buyer really didn't back down, holding the support level quite firmly.
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GamefiEscapeArtist
· 6h ago
The buyer's recent support effort is indeed fierce; the support level hasn't collapsed, which is somewhat interesting.
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BlockDetective
· 6h ago
The market is being stabilized so cleanly; it seems the bulls really care about this price.
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CryptoDouble-O-Seven
· 6h ago
The buyer support is so strong, it seems the bulls still have some people behind them.
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BrokenYield
· 7h ago
lol the "smart money" narrative again... we've seen this support hold before too, right before it didn't. sure, higher lows look clean on the chart, but one liquidity crisis away from everyone's "risk-adjusted thesis" going sideways ngl
ZEC has received buyer support at a key support level, and this time it did not disappoint. From a higher time frame perspective, the upper support level has performed very cleanly and has not been easily broken through. Although the previous correction faced some pressure, the buying volume absorbed it quite thoroughly, forming clear higher lows. This indicates that the bulls stepped in before the value was compromised. As long as this support level is not broken, from a structural point of view, it is more favorable for continued upward movement rather than distribution and selling. Currently, the bullish pattern still continues.