🐋 $ZEC hit a new 24-hour low, and selling hasn't stopped.
The current price is 1164.69, below the previous low of 1172, with 24-hour trading volume of $203 million.
There are often many stop-loss orders on long positions below the previous low. Breaking through it could trigger a cascade of liquidations; watch for large buy orders absorbing the selling at lower levels.
The current price is 1164.69, below the previous low of 1172, with 24-hour trading volume of $203 million.
There are often many stop-loss orders on long positions below the previous low. Breaking through it could trigger a cascade of liquidations; watch for large buy orders absorbing the selling at lower levels.