🚨 $ZEC UNDER $1,000 — IS A BIG REVERSAL COMING?
Zcash (ZEC/USDT) is facing strong selling pressure, dropping over 15% in 24 hours. Institutional outflows and heavy liquidations are adding bearish momentum. Technical indicators remain weak, with price trading below key EMAs. Oversold conditions could trigger a short-term bounce, but further downside remains a risk. Will ZEC recover or continue its correction? What’s your target?#HotCPIDecemberHikePriced #StrategyFaces$2.8BSelloffRiskFromMSCIRemoval #ZECUSDT
Zcash (ZEC/USDT) is facing strong selling pressure, dropping over 15% in 24 hours. Institutional outflows and heavy liquidations are adding bearish momentum. Technical indicators remain weak, with price trading below key EMAs. Oversold conditions could trigger a short-term bounce, but further downside remains a risk. Will ZEC recover or continue its correction? What’s your target?#HotCPIDecemberHikePriced #StrategyFaces$2.8BSelloffRiskFromMSCIRemoval #ZECUSDT