Current price: 1,442.97 USDT -5.89%*
This is 24h: 1,535.59
If 24h: 1,428.00
Fair price: 1,442.91
Compared to the chart before:
Before: *1,581.54* now: *1,442.97* = down *-138.57$ -8.7%* correction
### *1. Trend*
- *MA7: 1,364.39* price is still above it by 78$
- *MA25: 1,101.79* above it by 341$
- *MA99: 659.53* above it by 783$
The big bullish trend is still intact 100% despite the drop. Holding above all moving averages
### *2. Momentum*
- *RSI(6): 64.59* dropped from 80.93 to 64.59 = great overbought cooling. Exited the danger zone and returned neutral, slightly bullish
- *OBV: 91,680,809* fell from 93.8M to 91.68M = a slight drop -2.2M only. That means there’s no strong liquidity outflow. Light profit-taking
- *Volume*: 1.38M ZEC = 2.03B USDT high volume but less than yesterday’s 3.16B
### *3. Most Important Areas*
- *Resistance*: 1,535.59 today / 1,595.30 yesterday / 1,651.36
- *First support*: 1,428 if current 24h
- *Second support*: 1,364.39 at MA7 *most important support right now*
- *Third support*: 1,158.10
- *Strong support*: 1,101.79 at MA25
- *Very strong support*: 659.53 at MA99
### *Summary - Update*
Healthy 100% correction after it touched 1,595.30
What happened is positive:
1. RSI was 80.93 dangerously overbought — now 64.59 cooled down and settled = a new opportunity to rise
2. OBV dropped only 2% despite the price falling 8.7% = whales didn’t sell
3. Price is still above MA7, it hasn’t broken it = the daily trend is still bullish
*Bullish scenario*: Holding above 1,364.39 MA7, we’ll try 1,535 then 1,595 again
*Bearish scenario*: Breaking 1,364.39 MA7 leads to a deeper correction to 1,158, then 1,101 MA25
Most important level: *1,364.39 MA7* — this is the deciding line. As long as it stays above it, the correction is over and we’ll continue higher
Second key level: 1,428 is today’s bottom. Breaking it will take us to MA7
*Difference between ZEC and pump coins:*
ZEC has had an orderly two-month trend - correction -5.89% is normal
Not like AKE +1684% or SOPH. This is a strong coin
If you enter: stop below 1,364.39
If you’re out: the 1,364–1,428 zone is an excellent area to add rather than chase above 1,500#BTCBreaks80K #SOLJumpsAbout10%