$ZEC is struggling to find a bottom! đ Trading around $832.32, Zcash is down 12.88% in 24 hours, and sellers continue to dominate.
$ZEC
The 4H chart remains strongly bearish, with price falling from $1,199.82 to $828.52. RSI(6) at 12.22 signals extremely oversold conditions, but that doesn't guarantee an immediate reversal. MACD remains negative, showing bearish momentum is still present. The key support is $828.52, while $878.87 is the first resistance to reclaim.
$ZEC
â ď¸ All eyes are on $828.52. If buyers defend this level and reclaim $878.87, a relief bounce becomes possible. But if support breaks, another wave of selling could follow. Will ZEC finally find its floor?
$ZEC
The 4H chart remains strongly bearish, with price falling from $1,199.82 to $828.52. RSI(6) at 12.22 signals extremely oversold conditions, but that doesn't guarantee an immediate reversal. MACD remains negative, showing bearish momentum is still present. The key support is $828.52, while $878.87 is the first resistance to reclaim.
$ZEC
â ď¸ All eyes are on $828.52. If buyers defend this level and reclaim $878.87, a relief bounce becomes possible. But if support breaks, another wave of selling could follow. Will ZEC finally find its floor?
