$ZEC USDT SUPPORT AT $1,070 IS UNDER PRESSURE: BEARS STILL CONTROL THE 4H TREND
ZEC has dropped 10.48% in 24 hours, falling from the $1,348.89 swing high to a current price near $1,093.85. The chart shows lower highs, heavy selling candles, and price trading below all three key moving averages.
MA(7): $1,119.45
MA(25): $1,208.70
MA(99): $1,288.54
The immediate battle is around $1,070–$1,056. A decisive 4H close below this support zone could extend the decline. If buyers defend it, a relief bounce toward $1,119 may develop, but resistance remains overhead.
Potential SHORT Setup
EP: $1,110–$1,125 on a weak retest
TP1: $1,070
TP2: $1,020
TP3: $980
SL: $1,155
Invalidation: A strong reclaim above $1,155 would weaken this short setup. Avoid chasing after the sell-off; wait for a retest or confirmed breakdown.
The trend remains bearish unless buyers reclaim lost levels. Will $ZEC USDT break support or stage a recovery?
#ZEC #CryptoTrading #BinanceSquare
ZEC has dropped 10.48% in 24 hours, falling from the $1,348.89 swing high to a current price near $1,093.85. The chart shows lower highs, heavy selling candles, and price trading below all three key moving averages.
MA(7): $1,119.45
MA(25): $1,208.70
MA(99): $1,288.54
The immediate battle is around $1,070–$1,056. A decisive 4H close below this support zone could extend the decline. If buyers defend it, a relief bounce toward $1,119 may develop, but resistance remains overhead.
Potential SHORT Setup
EP: $1,110–$1,125 on a weak retest
TP1: $1,070
TP2: $1,020
TP3: $980
SL: $1,155
Invalidation: A strong reclaim above $1,155 would weaken this short setup. Avoid chasing after the sell-off; wait for a retest or confirmed breakdown.
The trend remains bearish unless buyers reclaim lost levels. Will $ZEC USDT break support or stage a recovery?
#ZEC #CryptoTrading #BinanceSquare