ZHONGJI PLUNGES DEEPER INTO RED đ§ď¸đ
The $ZHONGJI price cracked the $135 orderâblock and accelerated down to $130.50, a full 10.7% slide in 24âŻhours đ. Liquidity thinned to $4.83âŻM, indicating the sellâoff is driven by macroâlevel asset reallocation rather than fresh buying pressure.
Current price hovers just above the $129.6249 support cluster, a zone that anchored the prior consolidation; a breach could expose the $128.98 low and erode the midârange $140.1950 pivot đť. The broader sector is seeing orderâblock breaches across multiple altcoins, suggesting a systemic correction rather than an isolated dip, yet the lack of decisive buying hints at a structural weakness.
Momentum indicators are turning negative, with the 4âhour RSI slipping below 45, reinforcing the bearish bias and limiting upside potential unless a clear reversal candle reclaims the $131.00 threshold đ. If $ZHONGJI can hold above $131.00, it may find temporary relief and test the $140.20 midârange, but the prevailing order flow remains tilted toward further downside.
Levels to monitor:
Watching support around $129.60
Structure suggests resistance near $150.65
Mid range area: $140.20
DYOR
Follow for Updates
#ZHONGJI #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
The $ZHONGJI price cracked the $135 orderâblock and accelerated down to $130.50, a full 10.7% slide in 24âŻhours đ. Liquidity thinned to $4.83âŻM, indicating the sellâoff is driven by macroâlevel asset reallocation rather than fresh buying pressure.
Current price hovers just above the $129.6249 support cluster, a zone that anchored the prior consolidation; a breach could expose the $128.98 low and erode the midârange $140.1950 pivot đť. The broader sector is seeing orderâblock breaches across multiple altcoins, suggesting a systemic correction rather than an isolated dip, yet the lack of decisive buying hints at a structural weakness.
Momentum indicators are turning negative, with the 4âhour RSI slipping below 45, reinforcing the bearish bias and limiting upside potential unless a clear reversal candle reclaims the $131.00 threshold đ. If $ZHONGJI can hold above $131.00, it may find temporary relief and test the $140.20 midârange, but the prevailing order flow remains tilted toward further downside.
Levels to monitor:
Watching support around $129.60
Structure suggests resistance near $150.65
Mid range area: $140.20
DYOR
Follow for Updates
#ZHONGJI #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare