ZECUSDT surged to 1,257.06 before encountering heavy selling pressure, and has currently pulled back to 1,178.67. It is in an “extreme convergence zone” where there is resistance overhead at the 1,193 moving-average line, and support below at the 1,170 trend support. In the short term, the MACD forms a bearish cross downward, momentum weakens, and the bulls’ defense is in danger. If it effectively breaks below 1,170, it will confirm the short-term top structure. Strategically, you should focus on defense, and be alert to the risk of a pullback toward 1,140.
⚠️$ZEC #zec
Key long/short battle levels
Bearish defense (resistance)
1,193.80
MA(7) resistance
Bullish defense (support)
1,170.04
SuperTrend support
Lifeline (break warning)
< 1,165.00