🔴 Now the downside advantage has become clearer $ZEC
The price 1465.35 broke the 1466 level we were watching, and set a low at 1464.03.
Most important:
Price is below EMA7 1470.45 and EMA25 1477.78.
The 15-minute candles have started pressing downward.
The order book shows slightly higher sell interest: 52.49% sell vs 47.51% buy.
There is a clear sell-side resistance near 1500.
The nearby support that was at 1466 has now become a level that must be reclaimed for the scenario to improve.
🎯 My decision now
🔴 I lean bearish in the short term, and my conviction is stronger than before.
The levels I’m watching: 1464 → 1447 → 1427
But if ZEC returns above 1470 and reclaims 1478–1480, I will consider the break of 1466 a failure and reassess the downside.
Summary ;
⚠️ ZEC has now broken the 1466 area we were monitoring and reached 1464. Selling pressure is now more evident. Now I’m watching whether the break holds or whether the coin quickly recovers 1470–1480. 🔴📊
The price 1465.35 broke the 1466 level we were watching, and set a low at 1464.03.
Most important:
Price is below EMA7 1470.45 and EMA25 1477.78.
The 15-minute candles have started pressing downward.
The order book shows slightly higher sell interest: 52.49% sell vs 47.51% buy.
There is a clear sell-side resistance near 1500.
The nearby support that was at 1466 has now become a level that must be reclaimed for the scenario to improve.
🎯 My decision now
🔴 I lean bearish in the short term, and my conviction is stronger than before.
The levels I’m watching: 1464 → 1447 → 1427
But if ZEC returns above 1470 and reclaims 1478–1480, I will consider the break of 1466 a failure and reassess the downside.
Summary ;
⚠️ ZEC has now broken the 1466 area we were monitoring and reached 1464. Selling pressure is now more evident. Now I’m watching whether the break holds or whether the coin quickly recovers 1470–1480. 🔴📊
