$ZEC IS UNDER HEAVY SELLING PRESSURE!**
Zcash is struggling to hold its ground as sellers continue to dominate the short-term trend.
Current price:
1,244.61 USDT**
24H change: **-8.15%
24H high: **1,356.08
24H low: **1,236.64
24H trading volume: **129.75M USDT**
The 15-minute chart shows a clear bearish structure, with lower highs and lower lows. ZEC has already dropped sharply from its daily high, and buyers are trying to defend the $1,236 support zone.
**Key levels to watch:**
- Support: $1,236 – $1,232
- Resistance: $1,250 – $1,268
- Next resistance: $1,285
A break below $1,236 could invite another wave of selling. However, reclaiming $1,250 and pushing above $1,268 would be an early sign that buyers are fighting back.
**The next move matters.** Don't rush into a trade while volatility is high. Watch the support reaction and wait for confirmation before taking a position.
$FOGO
$PUMP
#JobsReportRaisesHikeOdds #CPITestsDecemberRateOutlook #WillAnthropicListOnTime #WillUS-IranTensionsBoostSafe-HavenDemand? #HKSFCPlansToRestrictCryptoAndExchangeTerms
Zcash is struggling to hold its ground as sellers continue to dominate the short-term trend.
Current price:
1,244.61 USDT**
24H change: **-8.15%
24H high: **1,356.08
24H low: **1,236.64
24H trading volume: **129.75M USDT**
The 15-minute chart shows a clear bearish structure, with lower highs and lower lows. ZEC has already dropped sharply from its daily high, and buyers are trying to defend the $1,236 support zone.
**Key levels to watch:**
- Support: $1,236 – $1,232
- Resistance: $1,250 – $1,268
- Next resistance: $1,285
A break below $1,236 could invite another wave of selling. However, reclaiming $1,250 and pushing above $1,268 would be an early sign that buyers are fighting back.
**The next move matters.** Don't rush into a trade while volatility is high. Watch the support reaction and wait for confirmation before taking a position.
$FOGO
$PUMP
#JobsReportRaisesHikeOdds #CPITestsDecemberRateOutlook #WillAnthropicListOnTime #WillUS-IranTensionsBoostSafe-HavenDemand? #HKSFCPlansToRestrictCryptoAndExchangeTerms
