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Bulls are currently building multiple short-term support layers for $ZEC in an effort to absorb selling pressure and accumulate liquidity within the current range. Recent pullbacks are no longer as aggressive as before, suggesting that the market is gradually stabilizing after the previous volatile phase
Buying pressure continues to hold relatively well, as every dip is being quickly absorbed by incoming liquidity. This shows that bulls are still actively defending the structure and attempting to build a stronger foundation for the next recovery move
If this accumulation phase continues without strong interference from bears, $ZEC could potentially set up for a notable recovery rally in the near ter🚀
#DailyOrbit #MarketOverloadWeek #TradeStocksOnOKX $ZEC