$ZEC Falls Below 1,000... Sellers Take Control
ZEC officially broke below the crucial psychological support level at 1,000, falling more than 14% in 24 hours.
The resistance zone at 1,400 held firm, and repeated selling pressure pushed ZEC into a deeper correction.
Attention is now turning to 890, the next key support zone to watch. If buyers fail to defend this level, the decline could extend further.
For now, sellers remain in control, and any recovery toward 1,000 may face renewed selling pressure.
ZEC needs a strong reclaim of the 1,000 level to show signs of recovery. Until then, the bearish structure remains in place.
Trade on $ZEC
ZEC officially broke below the crucial psychological support level at 1,000, falling more than 14% in 24 hours.
The resistance zone at 1,400 held firm, and repeated selling pressure pushed ZEC into a deeper correction.
Attention is now turning to 890, the next key support zone to watch. If buyers fail to defend this level, the decline could extend further.
For now, sellers remain in control, and any recovery toward 1,000 may face renewed selling pressure.
ZEC needs a strong reclaim of the 1,000 level to show signs of recovery. Until then, the bearish structure remains in place.
Trade on $ZEC
