📉ZEC is bearish in the short term, with rebounds still under pressure
Latest snapshot on October 22: ZECUSDT mark price at 1235.90, down 2.26% over 24 hours, with $2.41 billion in trading volume; USD-denominated OI at $571 million, down 2.26%, and funding rate at +0.01%/8 hours. Prices are weakening while longs are still paying funding, and the rebound lacks confirmation from rising open interest. Futures data (https://fibonomy.com/en/futures/binance/zecusdt)
RSI is 38 and the MACD histogram is weakening, pointing to bearish short-term momentum. Active buy/sell volume has not been verified with the latest data, so it is not being used to determine fund flows. Momentum snapshot (https://www.sonarcast.app/en/coin/zecusdt)
Over the next 4–24 hours, the bias is toward further downside: support is at 1226, with the psychological 1200 level in focus if it breaks. The 1254–1269 range is viewed as rebound resistance; a high-volume move above and hold over 1269 would invalidate the bearish outlook. Price levels (https://www.sonarcast.app/en/coin/zecusdt)
#ZEC #ZECUSDT #合约交易 #MarketAnalysis
Latest snapshot on October 22: ZECUSDT mark price at 1235.90, down 2.26% over 24 hours, with $2.41 billion in trading volume; USD-denominated OI at $571 million, down 2.26%, and funding rate at +0.01%/8 hours. Prices are weakening while longs are still paying funding, and the rebound lacks confirmation from rising open interest. Futures data (https://fibonomy.com/en/futures/binance/zecusdt)
RSI is 38 and the MACD histogram is weakening, pointing to bearish short-term momentum. Active buy/sell volume has not been verified with the latest data, so it is not being used to determine fund flows. Momentum snapshot (https://www.sonarcast.app/en/coin/zecusdt)
Over the next 4–24 hours, the bias is toward further downside: support is at 1226, with the psychological 1200 level in focus if it breaks. The 1254–1269 range is viewed as rebound resistance; a high-volume move above and hold over 1269 would invalidate the bearish outlook. Price levels (https://www.sonarcast.app/en/coin/zecusdt)
#ZEC #ZECUSDT #合约交易 #MarketAnalysis