Apr. 22 at 7:41 PM
$ZS is showing a bounce on the monthly chart, with price reacting off a key structural level.
This looks like a higher timeframe relief move after a broader pullback:
Demand is stepping in, and selling pressure has eased short term.
Key focus:
Can the monthly candle follow through?
Will it establish a higher low structure?
Sustained strength could shift this from a bounce to trend rebuilding.
Failure to hold turns it into just another range reaction.
——Higher timeframe sets direction, lower timeframe sets execution