$ZEC
From chart $ZEC , timeframe 4 hours, the current structure is starting to weaken.
🔎 Important levels
Current price: ± 1,528
MA7: 1.566,95
MA25: 1.571,47 → price is already below it
Support: 1.492–1.500
Next support: 1.436,86
Resistance: 1.567–1.590
Next strong resistance: 1.614–1.685
📉 Bearish scenario
The rising channel line appears to have started breaking down. If the 4H candle closes below 1.492, selling pressure could continue to:
1.492 → 1.460 → 1.437
Area 1.437 is quite important because it is a horizontal support marked on the chart as well as near the MA99 area.
📈 Bullish scenario
Don’t be too aggressive with a short if ZEC manages to reclaim: 1.567 → 1.590
If it succeeds in closing the 4H above 1.590, the short-term bearish structure could be invalidated and the price may test 1.614, then the 1.685–1.699 area.
Chart-only conclusion: right now, short-term momentum is more inclined to bearish, but the key confirmation is whether 1.492 is broken with a 4H candle. As long as it hasn’t broken, the 1.492 area can still be a bounce zone.
From chart $ZEC , timeframe 4 hours, the current structure is starting to weaken.
🔎 Important levels
Current price: ± 1,528
MA7: 1.566,95
MA25: 1.571,47 → price is already below it
Support: 1.492–1.500
Next support: 1.436,86
Resistance: 1.567–1.590
Next strong resistance: 1.614–1.685
📉 Bearish scenario
The rising channel line appears to have started breaking down. If the 4H candle closes below 1.492, selling pressure could continue to:
1.492 → 1.460 → 1.437
Area 1.437 is quite important because it is a horizontal support marked on the chart as well as near the MA99 area.
📈 Bullish scenario
Don’t be too aggressive with a short if ZEC manages to reclaim: 1.567 → 1.590
If it succeeds in closing the 4H above 1.590, the short-term bearish structure could be invalidated and the price may test 1.614, then the 1.685–1.699 area.
Chart-only conclusion: right now, short-term momentum is more inclined to bearish, but the key confirmation is whether 1.492 is broken with a 4H candle. As long as it hasn’t broken, the 1.492 area can still be a bounce zone.
