ZEC just printed a vertical weekly surge and is now trading around $230–$235, with the next major headwinds stacked above at $280 and $300. That $280–$300 band is a multi-year resistance zone, so I expect supply to show up there on first touch.

For healthy continuation, I’d like to see any pullback hold above the reclaimed breakout shelf around $200, with a broader buffer into $180. If buyers defend that $200/180 area and print a higher-low on the weekly, the path back into $280 → $300 remains open. A clean weekly close through $300 would unlock room toward prior extremes, but I’ll respect the first test as resistance.

If momentum fades and price loses $180, the breakout begins to unwind and I’d anticipate a deeper mean-reversion toward the historical support band around $100–$80, which would invalidate the near-term bullish continuation case.

Volatility is elevated after a vertical move; size modestly and let the levels do the work.

All Strategies Are Good; If Managed Properly! ~Richard Nasr