🚨 Technical analysis for coin $ZEC | 4-hour timeframe
🔹 Current price: 444.64$ 📉 (-3.53% within 24h)
– It moves within a neutral horizontal range without a clear direction, reflecting traders’ choppiness and anticipation.
– The price fluctuates between support and resistance zones without any clear breakout in direction so far.
– The 409.40$ – 391.21$ area represents the main support / demand.
– It is trading below the 50 level at 47.24, which indicates weakness in the current momentum.
🔼 Bullish scenario (upside):
If it holds steady and breaks above 481.10$
🎯 505.80$ – 543.28$ – 584.65$
🔽 Bearish scenario (downside):
If it breaks 434.97$ with a 4-hour close
❌ 409.40$ – 391.21$ – 380.38$
📌 Note: Breaking either of the key levels will determine the next direction.
$ZEC #ZECUSDT
🔹 Current price: 444.64$ 📉 (-3.53% within 24h)
– It moves within a neutral horizontal range without a clear direction, reflecting traders’ choppiness and anticipation.
– The price fluctuates between support and resistance zones without any clear breakout in direction so far.
– The 409.40$ – 391.21$ area represents the main support / demand.
– It is trading below the 50 level at 47.24, which indicates weakness in the current momentum.
🔼 Bullish scenario (upside):
If it holds steady and breaks above 481.10$
🎯 505.80$ – 543.28$ – 584.65$
🔽 Bearish scenario (downside):
If it breaks 434.97$ with a 4-hour close
❌ 409.40$ – 391.21$ – 380.38$
📌 Note: Breaking either of the key levels will determine the next direction.
$ZEC #ZECUSDT