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The monthly trend of ZEC is indeed quite frustrating. Since rebounding from the high point in 2018, it has been rejected below this major resistance level, and for the past three months, it has been rejected in the same range, forming a clear consolidation pattern.
Interestingly, if it can break through this area, it could be the most straightforward doubling opportunity. Those long positions that are positioned above this critical level now look to have a pretty good risk-reward ratio. If $ZEC can stabilize at the monthly level, the rebound potential is definitely worth paying attention to.