$ZEC Just Hit a Major Support! Is $2,000 Next?
Zcash pulled back from $1,705 to around $1,130, but the bulls aren't out of the game yet!
I'm bullish as long as $1,050 support holds. A strong recovery could send ZEC back toward $1,500–$1,700, with $2,000 as the bigger breakout target. Losing $1,050 would weaken this setup.
ZEC traders, is this the dip before a massive rally toward $2K, or will bears break support and drag us below $1,000? Are you buying the dip or waiting for confirmation?
Zcash pulled back from $1,705 to around $1,130, but the bulls aren't out of the game yet!
I'm bullish as long as $1,050 support holds. A strong recovery could send ZEC back toward $1,500–$1,700, with $2,000 as the bigger breakout target. Losing $1,050 would weaken this setup.
ZEC traders, is this the dip before a massive rally toward $2K, or will bears break support and drag us below $1,000? Are you buying the dip or waiting for confirmation?