$ZEC Is Sitting at a Critical Zone!
ZEC/USDT is trading around $1,551 on the 15M chart after a sharp rejection from $1,625. Price has bounced from the $1,531 area, showing buyers are still defending the dip, but the structure hasn’t fully turned bullish yet.
MA(7) sits near $1,548, giving price a small short-term cushion, while MA(25) at $1,579 and MA(99) around $1,561 are acting as overhead resistance. RSI(6) near 38 leaves room for a relief move if buying volume returns.
A reclaim of $1,561 could open the door toward $1,579 and then $1,608–$1,625. On the downside, losing $1,531 would weaken the setup and put $1,523 in focus.
For now, $ZEC is coiling between support and resistance — the next breakout could decide the move.
#zec #zcash #Bullrun
ZEC/USDT is trading around $1,551 on the 15M chart after a sharp rejection from $1,625. Price has bounced from the $1,531 area, showing buyers are still defending the dip, but the structure hasn’t fully turned bullish yet.
MA(7) sits near $1,548, giving price a small short-term cushion, while MA(25) at $1,579 and MA(99) around $1,561 are acting as overhead resistance. RSI(6) near 38 leaves room for a relief move if buying volume returns.
A reclaim of $1,561 could open the door toward $1,579 and then $1,608–$1,625. On the downside, losing $1,531 would weaken the setup and put $1,523 in focus.
For now, $ZEC is coiling between support and resistance — the next breakout could decide the move.
#zec #zcash #Bullrun
