$ZEC bulls… that sell-off was NOT a small warning. 👀
ZEC is trading around $1,232, below its short-term moving averages. Sellers have taken control for now.
Here’s what I'm watching:
🟢 Bullish scenario: A 1H close above $1,245, followed by a successful retest with volume, could open a recovery toward $1,265–$1,270.
🔴 Bearish scenario: Losing $1,213 with strong selling volume could extend the downside.
I'm not chasing either direction. Confirmation first, entry later. 😅
What's your trading plan?
#ZEC #Zcash #CryptoTrading #TechnicalAnalysis
ZEC is trading around $1,232, below its short-term moving averages. Sellers have taken control for now.
Here’s what I'm watching:
🟢 Bullish scenario: A 1H close above $1,245, followed by a successful retest with volume, could open a recovery toward $1,265–$1,270.
🔴 Bearish scenario: Losing $1,213 with strong selling volume could extend the downside.
I'm not chasing either direction. Confirmation first, entry later. 😅
What's your trading plan?
#ZEC #Zcash #CryptoTrading #TechnicalAnalysis
