$ZEC IS FIGHTING BACK, BUT THE REAL TEST IS STILL AHEAD*
Zcash $ZEC is showing signs of recovery after a sharp sell-off shook the market.
ZEC has been recovering from its recent drop, but don't mistake a bounce for a confirmed trend reversal.
Here's what makes this situation interesting:
The recent sell-off put pressure on the price. Now, traders are watching to see whether buyers can sustain the recovery.
The level I'm watching
Resistance: $1,235โ$1,250
Support: $1,180
Critical downside area: $1,110โ$1,120
A sustained move above resistance could strengthen the recovery. Losing support, however, could bring sellers back into control.
The next move matters more than the last candle.
Are you watching for a recovery, or do you expect another pullback?
Click and trade $ZEC
#SolanaPlansToCutBlockTimesTo200ms #ReusedBitcoinAddressesHold4.33MBTC #SenBlumenthalProbesCantorFitzgeraldTetherTies
Zcash $ZEC is showing signs of recovery after a sharp sell-off shook the market.
ZEC has been recovering from its recent drop, but don't mistake a bounce for a confirmed trend reversal.
Here's what makes this situation interesting:
The recent sell-off put pressure on the price. Now, traders are watching to see whether buyers can sustain the recovery.
The level I'm watching
Resistance: $1,235โ$1,250
Support: $1,180
Critical downside area: $1,110โ$1,120
A sustained move above resistance could strengthen the recovery. Losing support, however, could bring sellers back into control.
The next move matters more than the last candle.
Are you watching for a recovery, or do you expect another pullback?
Click and trade $ZEC
#SolanaPlansToCutBlockTimesTo200ms #ReusedBitcoinAddressesHold4.33MBTC #SenBlumenthalProbesCantorFitzgeraldTetherTies