$ZEC
— Zcash
Step 1: ZEC is trading around $919.27, down approximately 1.63% in 24 hours.
Step 2: Broader crypto-market weakness and fund outflows are putting pressure on its price.
Step 3: Watch $870–$882 support and $932 resistance for a potential recovery.
Step 4: Outlook: 🔴 Short-term bearish; a recovery requires stronger buying volume.#ZEC #CryptoSelloffTriggersMultipleWhaleLiquidations #USSpotXRPETFsSeeLargestWeeklyOutflowIn8Months #WillFOMCMinutesReinforceRateHikeExpectations? #BitcoinActiveSupplyInProfitDropsBelow45%
— Zcash
Step 1: ZEC is trading around $919.27, down approximately 1.63% in 24 hours.
Step 2: Broader crypto-market weakness and fund outflows are putting pressure on its price.
Step 3: Watch $870–$882 support and $932 resistance for a potential recovery.
Step 4: Outlook: 🔴 Short-term bearish; a recovery requires stronger buying volume.#ZEC #CryptoSelloffTriggersMultipleWhaleLiquidations #USSpotXRPETFsSeeLargestWeeklyOutflowIn8Months #WillFOMCMinutesReinforceRateHikeExpectations? #BitcoinActiveSupplyInProfitDropsBelow45%
