🔎 $ZEC has rebounded from the range floor, but the latest hourly close remains below the recent ceiling.
💵 Price: $1,222.93 (+12.6% / 24h). Last completed 1H close: $1,223.6.
📈 Above $1,254.05: an hourly close, then a retest that holds, would support an upside scenario. A return below would weaken it.
📉 Below $1,075: an hourly close would break the 24-candle range downward. This is a reference, not a suggested stop.
💡 Since the previous post, no hourly close crossed either old boundary. The rebound stayed inside that range, so neither breakout condition was met.
🕒 Binance spot · 16 Oct, 06:11 UTC
Educational analysis.
#ZEC #PriceAction #TechnicalAnalysis
💵 Price: $1,222.93 (+12.6% / 24h). Last completed 1H close: $1,223.6.
📈 Above $1,254.05: an hourly close, then a retest that holds, would support an upside scenario. A return below would weaken it.
📉 Below $1,075: an hourly close would break the 24-candle range downward. This is a reference, not a suggested stop.
💡 Since the previous post, no hourly close crossed either old boundary. The rebound stayed inside that range, so neither breakout condition was met.
🕒 Binance spot · 16 Oct, 06:11 UTC
Educational analysis.
#ZEC #PriceAction #TechnicalAnalysis