$ZEC
Zcash registered $3.9608K in short liquidations at $987.24 on Binance. The liquidation activity points to pressure on bearish positions and makes the $1,000 psychological level an important area to watch.
Key Levels:
Support: $975–$985
Resistance: $1,000–$1,015
Next Target: $1,030
A convincing breakout above $1,015 could create room for another upward move. On the downside, losing $975 would weaken the immediate bullish structure. Volume confirmation remains important around these levels.
$ZEC
#WhatWillDriveCryptoandStocks’NextRebound? #BitcoinBreaksBelow200WeekMovingAverage #RippleRLUSDMarketCapSurpassesPayPalPYUSD
Zcash registered $3.9608K in short liquidations at $987.24 on Binance. The liquidation activity points to pressure on bearish positions and makes the $1,000 psychological level an important area to watch.
Key Levels:
Support: $975–$985
Resistance: $1,000–$1,015
Next Target: $1,030
A convincing breakout above $1,015 could create room for another upward move. On the downside, losing $975 would weaken the immediate bullish structure. Volume confirmation remains important around these levels.
$ZEC
#WhatWillDriveCryptoandStocks’NextRebound? #BitcoinBreaksBelow200WeekMovingAverage #RippleRLUSDMarketCapSurpassesPayPalPYUSD