$ZEC Another sharp drop! Another strong rejection
Once again, ZEC failed to break through the $1,240–$1,250 resistance zone, and sellers pushed the price sharply down toward $1,180.
The recovery failed to hold, and downward pressure is building again.
Key resistance: $1,240–$1,250
Current price: $1,180
Next support: $1,154
Key support: $1,107
Another rejection, another sharp drop!
Unless buyers reclaim the $1,200–$1,220 level, the short-term structure will remain weak.
Bulls keep trying, but sellers are still defending resistance.
Trade on $ZEC
Once again, ZEC failed to break through the $1,240–$1,250 resistance zone, and sellers pushed the price sharply down toward $1,180.
The recovery failed to hold, and downward pressure is building again.
Key resistance: $1,240–$1,250
Current price: $1,180
Next support: $1,154
Key support: $1,107
Another rejection, another sharp drop!
Unless buyers reclaim the $1,200–$1,220 level, the short-term structure will remain weak.
Bulls keep trying, but sellers are still defending resistance.
Trade on $ZEC