$ZEC
ZEC touched $1,224.53, then pulled back to $1,161, roughly 5.1% below the peak, while still holding a 10.64% daily gain.
The rally lost momentum near $1,220. Sellers took control after the rejection, producing lower highs. Profit-taking fits this pattern, although price action alone does not confirm the cause.
Short-term RSI fell to 43, showing weaker buying momentum. $1,150–$1,160 is the first support area to watch. Losing this range raises the risk of a deeper pullback toward $1,132, then $1,113.
Buyers need to reclaim $1,180 before another push toward $1,205 and $1,225 looks stronger. Until then, the rebound needs confirmation.
#FedHikeOddsRiseTo89%
ZEC touched $1,224.53, then pulled back to $1,161, roughly 5.1% below the peak, while still holding a 10.64% daily gain.
The rally lost momentum near $1,220. Sellers took control after the rejection, producing lower highs. Profit-taking fits this pattern, although price action alone does not confirm the cause.
Short-term RSI fell to 43, showing weaker buying momentum. $1,150–$1,160 is the first support area to watch. Losing this range raises the risk of a deeper pullback toward $1,132, then $1,113.
Buyers need to reclaim $1,180 before another push toward $1,205 and $1,225 looks stronger. Until then, the rebound needs confirmation.
#FedHikeOddsRiseTo89%
