📉 ZEC rebound fails to reverse weakness; short-term outlook is bearish
As of Nov 9 at 18:02 (Beijing time), the ZECUSDT mark price was 1212.05, down 4.54% over 24 hours, with OI down 2.6%. The funding rate remains at +0.01%, suggesting this is more likely a rebound after long liquidations. The 1-hour taker buy/sell volume ratio is 1.19, indicating some buying has returned, but the RSI is only 43, so the weakness has yet to reverse. Market source (https://bykaranteli.com/symbols/ZECUSDT)
Support is at 1177; a break below could lead to a test of 1158. Resistance is at 1224–1243. Over the next 4–24 hours, the rebound is likely to meet resistance, followed by another test of support. A high-volume move above and hold at 1243 would invalidate the bearish view. Price reference (https://www.sonarcast.app/en/coin/zecusdt)
#ZEC #ZECUSDT #加密货币 #FuturesAnalysis
As of Nov 9 at 18:02 (Beijing time), the ZECUSDT mark price was 1212.05, down 4.54% over 24 hours, with OI down 2.6%. The funding rate remains at +0.01%, suggesting this is more likely a rebound after long liquidations. The 1-hour taker buy/sell volume ratio is 1.19, indicating some buying has returned, but the RSI is only 43, so the weakness has yet to reverse. Market source (https://bykaranteli.com/symbols/ZECUSDT)
Support is at 1177; a break below could lead to a test of 1158. Resistance is at 1224–1243. Over the next 4–24 hours, the rebound is likely to meet resistance, followed by another test of support. A high-volume move above and hold at 1243 would invalidate the bearish view. Price reference (https://www.sonarcast.app/en/coin/zecusdt)
#ZEC #ZECUSDT #加密货币 #FuturesAnalysis