$ZEC
๐ Technical Analysis for ZEC/USDT ๐
๐ฒ ZEC is witnessing a corrective downward wave currently, after hitting its highest level over the past 24 hours at $1,572.35. The price is now trading near the $1,463.00 level, down by -3.36%, and is positioned below the moving averages (MA 7 at $1,471.70, MA 25 at $1,507.23, and MA 99 at $1,493.73).
โ๏ธ The price initially rebounded from todayโs low at $1,443.25, forming the current low as a key pivot support level in the near term. Trading volumes appear stable, with a total traded volume of 378.68M USDT over the last 24 hours, which provides a signal for the possibility of building a price base for the rebound.
๐ท Bullish Trend Scenario๐: To resume its actual upward path, the price needs to break and hold above $1,471.70, then reclaim the $1,500.00 level. The next target for the bullish move upon breaking resistance is $1,572.35, followed by aiming for $1,600.00.
๐ฃ Call to Action :
๐ Do you think the $1,443 level represents a strong ๐ชๅบ (bottom) to start a new uptrend for ZEC?
โจ๏ธ Share your opinion and trading plan in the comments, and donโt forget to use strict risk management!
#ZEC #NEARRisesNearly80%InAWeek #zec #ุชุฏุงูู_ุงูุนู ูุงุช_ุงูุฑูู ูุฉ #ุชุญููู_ููู $ZEC
๐ Technical Analysis for ZEC/USDT ๐
๐ฒ ZEC is witnessing a corrective downward wave currently, after hitting its highest level over the past 24 hours at $1,572.35. The price is now trading near the $1,463.00 level, down by -3.36%, and is positioned below the moving averages (MA 7 at $1,471.70, MA 25 at $1,507.23, and MA 99 at $1,493.73).
โ๏ธ The price initially rebounded from todayโs low at $1,443.25, forming the current low as a key pivot support level in the near term. Trading volumes appear stable, with a total traded volume of 378.68M USDT over the last 24 hours, which provides a signal for the possibility of building a price base for the rebound.
๐ท Bullish Trend Scenario๐: To resume its actual upward path, the price needs to break and hold above $1,471.70, then reclaim the $1,500.00 level. The next target for the bullish move upon breaking resistance is $1,572.35, followed by aiming for $1,600.00.
๐ฃ Call to Action :
๐ Do you think the $1,443 level represents a strong ๐ชๅบ (bottom) to start a new uptrend for ZEC?
โจ๏ธ Share your opinion and trading plan in the comments, and donโt forget to use strict risk management!
#ZEC #NEARRisesNearly80%InAWeek #zec #ุชุฏุงูู_ุงูุนู ูุงุช_ุงูุฑูู ูุฉ #ุชุญููู_ููู $ZEC
