The recent market movement of ZEC really aligns with classic technical patterns. After falling from the historical high of 775, a standard downward drive was formed. The segment from 300 to 476 is a correction wave. I identified this as a leading structure at the time and started waiting for an opportunity for wave 2. When the price was around 380, I felt the support was quite solid. After confirming the key level at 371, the rally was initiated.

The current issue is whether this rally is a zigzag rebound or a true impulsive wave. Based on the candlestick patterns, it should be a legitimate impulsive structure. According to the general rules of wave theory, the target for this impulsive move is approximately 1.5 times the length of the previous leading wave.

Based on this logic, there is a very high probability that ZEC will surge to around 600, but there will be several pullbacks to deal with along the way. The most important thing is to control your position size—avoid heavy concentration and stubborn holding. Gradual position building and taking profits are more prudent. The market is ever-changing, so this analysis should only serve as a reference.