$ZEC — resistance did not turn into support
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$ZEC closed the day below 1,290 after a brief move above. The pullback was deeper than a simple retest of the level: breakout confirmation has been lost.
The broader recovery scenario for $ZEC remains intact as long as the day does not close below 1,110. But to move toward 1,385, it first needs to reclaim 1,290 and hold this area on a pullback. Until then, $ZEC has no confirmed move above resistance.
#BitcoinDropsBelow$84K #ETH #NEAR #BNB
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$ZEC closed the day below 1,290 after a brief move above. The pullback was deeper than a simple retest of the level: breakout confirmation has been lost.
The broader recovery scenario for $ZEC remains intact as long as the day does not close below 1,110. But to move toward 1,385, it first needs to reclaim 1,290 and hold this area on a pullback. Until then, $ZEC has no confirmed move above resistance.
#BitcoinDropsBelow$84K #ETH #NEAR #BNB