$ZEC is finally reaching a key decision zone.
After pushing to the $1,600–$1,700 area, ZEC has gone through a strong correction and is now trading around $1,135 on the 4H chart.
The important area I’m watching is the $1,050–$1,200 support zone. Price is now entering this region, so I want to see how buyers react before expecting the next move.
If this zone holds and we get a clear reaction, ZEC could attempt a recovery toward $1,400 first, with the previous highs becoming relevant again later. #ZEC #MarketCrash #DeFi
After pushing to the $1,600–$1,700 area, ZEC has gone through a strong correction and is now trading around $1,135 on the 4H chart.
The important area I’m watching is the $1,050–$1,200 support zone. Price is now entering this region, so I want to see how buyers react before expecting the next move.
If this zone holds and we get a clear reaction, ZEC could attempt a recovery toward $1,400 first, with the previous highs becoming relevant again later. #ZEC #MarketCrash #DeFi