$ZEC building a base around $230… something’s brewing 👀
$ZEC has been chopping around the $230 area for a while now.
And usually, this kind of tight consolidation doesn’t last forever — it’s compression before expansion.
Right now, it looks like price is trying to build a base here.
If bulls can push this toward $300, that would at least flip the chart back to neutral on higher timeframes. That level is key.
But honestly? I wouldn’t be surprised if $300 acts as strong resistance and gives us the next macro lower high. That’s where the real test will happen.
On the downside — if we lose this $230 base cleanly, then we’re probably sweeping liquidity back toward the previous lows.
And if that scenario plays out, the bigger-picture path could eventually open the door to the $130–$160 range.
This is a decision zone.
Either this is accumulation before a move up… or it’s just a pause before continuation lower.
Risk management is key here — don’t get married to one bias.
What’s your take on $ZEC? Break toward $300 first or lose $230?
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