ZEST PLUNGES THROUGH SUPPORT 🚨📉
$ZEST smashed through the 4‑hour order block that sat just above $0.125, unleashing a wave of sell pressure that drove the token 22 % lower in 24 h 🚨. Volume surged past $25 M as macro‑asset accumulation shifted toward risk‑off positioning, and the price currently tests the tight support zone around $0.12065, barely above the day low of $0.12005 📉.
The breach suggests a structural weakness rather than a tidy pull‑back; momentum histograms have flipped sharply negative, indicating accelerating downside bias ⚡. If $0.12065 holds, the market may be consolidating, but a slip beneath $0.1195 would confirm a breakdown of the lower channel, opening the path toward the next liquidity pool near $0.1120.
Above the current price, the mid‑range area at $0.14425 still marks a potential magnet for short covering, yet the $0.16762 resistance remains out of reach as buyers fail to defend higher levels 📈.
Levels to monitor:
Watching support around $0.12065
Structure suggests resistance near $0.16762
Mid range area: $0.14425
DYOR
Follow for Updates
#ZEST #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
$ZEST smashed through the 4‑hour order block that sat just above $0.125, unleashing a wave of sell pressure that drove the token 22 % lower in 24 h 🚨. Volume surged past $25 M as macro‑asset accumulation shifted toward risk‑off positioning, and the price currently tests the tight support zone around $0.12065, barely above the day low of $0.12005 📉.
The breach suggests a structural weakness rather than a tidy pull‑back; momentum histograms have flipped sharply negative, indicating accelerating downside bias ⚡. If $0.12065 holds, the market may be consolidating, but a slip beneath $0.1195 would confirm a breakdown of the lower channel, opening the path toward the next liquidity pool near $0.1120.
Above the current price, the mid‑range area at $0.14425 still marks a potential magnet for short covering, yet the $0.16762 resistance remains out of reach as buyers fail to defend higher levels 📈.
Levels to monitor:
Watching support around $0.12065
Structure suggests resistance near $0.16762
Mid range area: $0.14425
DYOR
Follow for Updates
#ZEST #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare