🚨 $ZEC is under pressure as the broader crypto market pulls back.
Latest reports place Zcash around $1,100–$1,115 after a sharp sell-off. The $1,115 area is the immediate pivot; continued weakness could bring $1,050 and the psychological $1,000 level into focus. A recovery toward $1,240–$1,265 would face overhead resistance.
The sell-off reportedly triggered roughly $38M in leveraged long liquidations, highlighting how aggressive the recent downside move has been.
#ZEC #Zcash #CryptoAnalysis #Altcoin
Latest reports place Zcash around $1,100–$1,115 after a sharp sell-off. The $1,115 area is the immediate pivot; continued weakness could bring $1,050 and the psychological $1,000 level into focus. A recovery toward $1,240–$1,265 would face overhead resistance.
The sell-off reportedly triggered roughly $38M in leveraged long liquidations, highlighting how aggressive the recent downside move has been.
#ZEC #Zcash #CryptoAnalysis #Altcoin