$ZEC continues to face selling pressure, with $1,250 still a tough wall to break!
ZEC once again failed to break through the $1,240–$1,250 resistance zone, then turned lower and fell back to around $1,180. Buyers still lack the strength to sustain a recovery, while selling pressure is returning.
📉 Key price levels to watch:
• Resistance: $1,240–$1,250
• Zone to reclaim: $1,200–$1,220
• Nearby support: $1,154
• Next support: $1,107
In my view, it’s too early to rush into buying the dip while the short-term structure remains weak. If ZEC can’t reclaim the $1,200–$1,220 zone, the price could remain under downward pressure and fall toward lower support levels.
On the other hand, if buyers regain this price zone and confirm that buying momentum is strong enough, a recovery may become worth considering.
My plan: Wait for confirmation; don’t FOMO into buying the dip. Protecting capital matters more than trying to call the exact bottom.
What do you think: will $ZEC bounce from $1,154 or continue falling to $1,107?
ZEC once again failed to break through the $1,240–$1,250 resistance zone, then turned lower and fell back to around $1,180. Buyers still lack the strength to sustain a recovery, while selling pressure is returning.
📉 Key price levels to watch:
• Resistance: $1,240–$1,250
• Zone to reclaim: $1,200–$1,220
• Nearby support: $1,154
• Next support: $1,107
In my view, it’s too early to rush into buying the dip while the short-term structure remains weak. If ZEC can’t reclaim the $1,200–$1,220 zone, the price could remain under downward pressure and fall toward lower support levels.
On the other hand, if buyers regain this price zone and confirm that buying momentum is strong enough, a recovery may become worth considering.
My plan: Wait for confirmation; don’t FOMO into buying the dip. Protecting capital matters more than trying to call the exact bottom.
What do you think: will $ZEC bounce from $1,154 or continue falling to $1,107?