📉 ZEC — SHARP WATERFALL FLUSH & TESTING DEEP SUPPORT! 🔄
$ZEC is trading sharply lower at 979.43 (-17.08%, or roughly Rs270,871.16), moving within an active 24-hour range between a high of 1,199.91 and a low of 960.56. Price action on this 4-hour chart displays an aggressive waterfall correction following the rejection from the 1,387.98 peak, hovering underneath the fast MA(7) (1,024.16) and MA(25) (1,166.03) while dropping below the macro structural MA(99) (1,237.23) moving average.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 900.00–950.00 (strictly on confirmed volume exhaustion, heavy capitulation wicks, or structural stabilization signs)
🛑 STOP LOSS: 870.00
🎯 TP1: 1,120.00
🎯 TP2: 1,250.00
❓Are you watching for Zcash to form a capitulation bottom near these levels and attempt a relief bounce, or expecting further downside expansion?
Let's discuss below! 👇
👉 Trade: $ZEC
#zec #zcash #cryptotrading #BinanceSquare #TradingSignal
$ZEC is trading sharply lower at 979.43 (-17.08%, or roughly Rs270,871.16), moving within an active 24-hour range between a high of 1,199.91 and a low of 960.56. Price action on this 4-hour chart displays an aggressive waterfall correction following the rejection from the 1,387.98 peak, hovering underneath the fast MA(7) (1,024.16) and MA(25) (1,166.03) while dropping below the macro structural MA(99) (1,237.23) moving average.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 900.00–950.00 (strictly on confirmed volume exhaustion, heavy capitulation wicks, or structural stabilization signs)
🛑 STOP LOSS: 870.00
🎯 TP1: 1,120.00
🎯 TP2: 1,250.00
❓Are you watching for Zcash to form a capitulation bottom near these levels and attempt a relief bounce, or expecting further downside expansion?
Let's discuss below! 👇
👉 Trade: $ZEC
#zec #zcash #cryptotrading #BinanceSquare #TradingSignal
