$ZEC Breakdown or Deeper Correction?
Zcash has lost its ascending trendline after repeated rejections near $1,375, giving sellers the short-term advantage.
Key levels:
- $1,037 — Critical support
- $858 — Next downside target
- $800 — Deeper bearish scenario
A break below $1,037 could accelerate selling pressure. However, reclaiming the broken trendline with strong volume could shift momentum back toward buyers.
Is this a temporary correction or the start of a deeper bearish trend?
#ZEC #Zcash #Crypto
Zcash has lost its ascending trendline after repeated rejections near $1,375, giving sellers the short-term advantage.
Key levels:
- $1,037 — Critical support
- $858 — Next downside target
- $800 — Deeper bearish scenario
A break below $1,037 could accelerate selling pressure. However, reclaiming the broken trendline with strong volume could shift momentum back toward buyers.
Is this a temporary correction or the start of a deeper bearish trend?
#ZEC #Zcash #Crypto
