ZEC: Recovery Validates June Support Levels

ZEC has fully recovered, validating the yellow-line major supports flagged in the June 6 update by @RhythmicAnalyst.

Price action at $733.78 sits above the upper Bollinger resistance at $701.89 while the 50-EMA holds firm at $547.82 and the 200-EMA at $512.9, locking in the long-term bullish structure. With RSI(14) stretched at 93.71 and MACD printing a 44.51 golden cross, the move shows clear momentum exhaustion at short-term volatility bands, pointing to a probable healthy retracement toward the 50-EMA confluence before continuation.