ZINC at Key Support Zone: Bullish Rebound ExpectedEIGHTCAP: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.
Let me know your thoughts or if you have a different perspective!
