$ZEC is down 4.46% at 1162.64... Are we seeing a temporary bottom on the 15-minute timeframe?
The price is 1162.64, down 4.46% over the past 24 hours. A trading volume ratio of 0.16 indicates weak liquidity accompanying the decline, easing the current selling pressure on the 15-minute timeframe.
Most likely scenario: a test of nearby support followed by a slight rebound, while the overall trend remains bearish unless volume exceeds 1.
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$ZEC
This content is not investment advice. Do your own research (DYOR).
The price is 1162.64, down 4.46% over the past 24 hours. A trading volume ratio of 0.16 indicates weak liquidity accompanying the decline, easing the current selling pressure on the 15-minute timeframe.
Most likely scenario: a test of nearby support followed by a slight rebound, while the overall trend remains bearish unless volume exceeds 1.
Follow us for more updates
$ZEC
This content is not investment advice. Do your own research (DYOR).