ZINC at Key Support Zone: Bullish Rebound Expected
XZNUSD has reached a significant demand zone, marked by historically strong support and high buying interest. The current market structure suggests the potential for a bullish rebound from this area.If the price confirms a rejection from the support zone, I anticipate an upward move toward the 2,850 level. This scenario would signal a short-term trend reversal or a corrective move. However, a clear break below the support zone would invalidate this setup and indicate potential continuation of the bearish momentum.
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