$ZEC STRONG BOUNCE! BUT IS THE DOWNTREND OVER?
Zcash buyers are fighting back! After falling to 1,048, ZEC rebounded sharply and approached 1,132.
But lower highs are still forming on the hourly chart—which means sellers haven't completely lost control yet.
Key support: 1,088 / 1,048
Nearest resistance: 1,140–1,156
Next targets: 1,190 / 1,245
A decisive break above 1,156 could pave the way for a stronger recovery. But another rejection at resistance could bring sellers back into the market.
A strong bounce, but the real test starts now!
Is ZEC gearing up for a powerful comeback, or is this just another corrective bounce?
Trade on $ZEC
Zcash buyers are fighting back! After falling to 1,048, ZEC rebounded sharply and approached 1,132.
But lower highs are still forming on the hourly chart—which means sellers haven't completely lost control yet.
Key support: 1,088 / 1,048
Nearest resistance: 1,140–1,156
Next targets: 1,190 / 1,245
A decisive break above 1,156 could pave the way for a stronger recovery. But another rejection at resistance could bring sellers back into the market.
A strong bounce, but the real test starts now!
Is ZEC gearing up for a powerful comeback, or is this just another corrective bounce?
Trade on $ZEC