Key level alert: $ZEC 24h up 8.2%, current price 1303.61.
Round numbers and previous highs and lows are psychological levels for the market. At 1303.61, above is the cost zone for buyers chasing the rally, while below is the defense line for dip buyers. Whether this level breaks will determine whether the trend continues or reverses.
Which side do you lean toward at this level? #ZEC
For discussion purposes only; this is not investment advice.
Round numbers and previous highs and lows are psychological levels for the market. At 1303.61, above is the cost zone for buyers chasing the rally, while below is the defense line for dip buyers. Whether this level breaks will determine whether the trend continues or reverses.
Which side do you lean toward at this level? #ZEC
For discussion purposes only; this is not investment advice.
