Is a 3.72% daily cooling phase resetting $ZEC for continuation?
Volume sits at $217.96M while hourly momentum slows. Price trades near 1167.46, cooling off from the upper 24-hour boundary of 1249.69.
A bullish scenario requires reclaiming lost ground toward the recent highs on rising volume. Conversely, an invalidation risk builds if selling pressure deepens below the lower boundary of 1159.
Will buyers defend the 1159 low to build a base, or will momentum fail and push price deeper into the session range?
Tap $ZEC for the live chart. #ZEC #BinanceSquare
Volume sits at $217.96M while hourly momentum slows. Price trades near 1167.46, cooling off from the upper 24-hour boundary of 1249.69.
A bullish scenario requires reclaiming lost ground toward the recent highs on rising volume. Conversely, an invalidation risk builds if selling pressure deepens below the lower boundary of 1159.
Will buyers defend the 1159 low to build a base, or will momentum fail and push price deeper into the session range?
Tap $ZEC for the live chart. #ZEC #BinanceSquare