Is $ZEC ‌ finally running out of steam or is this just a pit stop?

We just saw a massive vertical move that pushed us all the way toward 380, but the last couple of daily candles are showing some heavy selling pressure. Looking at the chart, we’ve left a lot of air below us.

The price is currently hovering around 360, but if you check the order book, the sell side is looking pretty stacked compared to the buyers. We really need to see some consolidation here. If we can't hold this 350 to 360 zone, a pullback toward the 315 breakout point wouldn't surprise me at all.

The volume was huge on the way up, but it's starting to taper off on this slight dip. Usually, that means the big players are watching to see if retail has the strength to push it higher.

I’m keeping a close eye on that 355 low from the last 24 hours. If that snaps, things might get messy for the late longs.

Are you guys taking profits here or betting on 400?

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