Technical analysis by melikatrader94 about Symbol ZEC on 1/2/2026

Hi! Pattern: Head & Shoulders (short-term correction) Trend: Overall bullish (ascending channel intact) ➡️ After forming a Head & Shoulders near the top of the channel, price saw a healthy pullback ➡️ Price is now approaching the lower boundary of the rising channel, which acts as strong dynamic support ➡️ As long as this support holds, the broader uptrend remains valid 🎯 Bullish Targets: TP1: 520 TP2: 550 A deeper correction is possible, but buyers are expected to step in near channel support