$ZEC is sitting right on the edge. 👀
Price is now testing the $1,277–$1,300 support zone. This is the decision point.
Downside prevails as long as $1425 is resistance.
If support holds: A bounce back toward $1,425 is the first test.
If it breaks: Losing $1,277 opens the door to $1,116.
My read: Momentum is bearish, but price is at a real level.
Price is now testing the $1,277–$1,300 support zone. This is the decision point.
Downside prevails as long as $1425 is resistance.
If support holds: A bounce back toward $1,425 is the first test.
If it breaks: Losing $1,277 opens the door to $1,116.
My read: Momentum is bearish, but price is at a real level.
