$ZEC What’s next after the sharp drop?

This pullback in ZEC has indeed been significant. After retreating from its previous highs, the price briefly fell to around 993 and is currently fluctuating around $1,050. The daily MACD has weakened, and short-term bearish pressure remains quite evident.

I. Support zones

1,050–1,053: The most important first line of support right now, near the key 100-day moving average.
980–993: The second support zone, also near this decline’s low. If 1,050 gives way, this could become the next area where buyers step in.
Around 880: If the market continues to weaken sharply, watch for a deeper layer of long-term support.

II. Resistance to a rebound

1,100–1,130: The first area to watch; a rebound would need to reclaim this zone.
1,198–1,220: This zone involves moving averages and a key price pivot.
1,240–1,250: Only if the price can reclaim and hold this zone might the short-term structure improve further.

III. Trading approach

I wouldn’t rush to short here, nor would I buy the dip just because the price has fallen 10%.

If the price holds around 1,050 and clear buying support emerges, we can watch for a short-term rebound, initially targeting 1,100–1,130.

If 1,050 breaks decisively, wait patiently for the 980–993 zone. Don’t keep adding to your position as the price falls.

Conversely, only a reclaim of 1,200–1,220 would give us more reason to expect the market to recover further.

ZEC rose significantly in the previous period, and now it needs time to absorb profit-taking. In the short term, the key question is whether 1,050 can hold; if it breaks, watch 980. If the price rebounds, focus on 1,200–1,220.

There will certainly be more opportunities, but this time I’d rather wait for the price to stabilize than rush to call the bottom.

#CPI高于预期,美股与BTC再度承压 $ZEC