🚨🔥 Is $ZEC preparing to continue its climb, or is the decline not over yet?!
ZEC is trading at $1,269.15 after dropping 3.01% over 24 hours, following a rise from the $1,049 level. 📉
📊 What does the analysis say?
The price is still above the EMA50 at $1,236.70, but has fallen below the EMA9 at $1,281.75, which means the coin is undergoing a short-term correction after its rise.
📈 Trading volume:
Trading volume over the past 24 hours reached around $123.70 million, reflecting notable market activity. However, to determine the next move, we need to watch how the price reacts to support and resistance levels.
🔹 Support: $1,263.89 – $1,252.94 – $1,236.70
🔸 Resistance: $1,281.75 – $1,298.55 – $1,330.95
🟢 Bullish scenario:
If the price holds the $1,252 zone and breaks through $1,298 with a 4-hour candle close, it could target $1,330, then $1,385.
🔴 Bearish scenario:
A break below $1,236 could open the way for a drop toward $1,206, then $1,171.
🔥The next zone will be decisive! Can ZEC get back above $1,300 and continue climbing, or will the correction continue? 👀
#ZEC #Zcash #Binance #تحليل_فني #كريبتو
ZEC is trading at $1,269.15 after dropping 3.01% over 24 hours, following a rise from the $1,049 level. 📉
📊 What does the analysis say?
The price is still above the EMA50 at $1,236.70, but has fallen below the EMA9 at $1,281.75, which means the coin is undergoing a short-term correction after its rise.
📈 Trading volume:
Trading volume over the past 24 hours reached around $123.70 million, reflecting notable market activity. However, to determine the next move, we need to watch how the price reacts to support and resistance levels.
🔹 Support: $1,263.89 – $1,252.94 – $1,236.70
🔸 Resistance: $1,281.75 – $1,298.55 – $1,330.95
🟢 Bullish scenario:
If the price holds the $1,252 zone and breaks through $1,298 with a 4-hour candle close, it could target $1,330, then $1,385.
🔴 Bearish scenario:
A break below $1,236 could open the way for a drop toward $1,206, then $1,171.
🔥The next zone will be decisive! Can ZEC get back above $1,300 and continue climbing, or will the correction continue? 👀
#ZEC #Zcash #Binance #تحليل_فني #كريبتو
