$ZEC
🔴 Overall trend: Bearish, with an attempted upward rebound from 1.131, but no confirmation of a trend reversal.
🟢 Support: 1.131–1.124, then 1.100.
🔴 Resistance: 1.200–1.212, then 1.269–1.290, with major resistance at 1.351–1.388.
📈 Bullish scenario: A break above 1.200 and a close above it could pave the way toward 1.269, then 1.290.
📉 Bearish scenario: A break below 1.131 could push the price toward 1.124–1.100.
🎯 Trading strategy: It is best to wait for confirmation of a rebound from support or a break above the 1.200 resistance, while avoiding rushed entries and managing risk.
#ZEC #Binance
🔴 Overall trend: Bearish, with an attempted upward rebound from 1.131, but no confirmation of a trend reversal.
🟢 Support: 1.131–1.124, then 1.100.
🔴 Resistance: 1.200–1.212, then 1.269–1.290, with major resistance at 1.351–1.388.
📈 Bullish scenario: A break above 1.200 and a close above it could pave the way toward 1.269, then 1.290.
📉 Bearish scenario: A break below 1.131 could push the price toward 1.124–1.100.
🎯 Trading strategy: It is best to wait for confirmation of a rebound from support or a break above the 1.200 resistance, while avoiding rushed entries and managing risk.
#ZEC #Binance