$ZEC STRONG CORRECTION OR SHARP BOUNCE?
Selling pressure on Zcash has intensified after the price failed to break through resistance at $1,700 and fell to $967.
I’m keeping a close eye on the $850–$900 zone. I think this could be an important buying area, where bulls may step in and trigger a strong recovery.
If buyers hold this zone, ZEC could return to $1,050 and climb to $1,200–$1,300.
But if support breaks, further declines are possible.
For now, I’m watching the $850–$900 buying zone.
What do you think is next for $ZEC : a strong bounce or another correction?
Selling pressure on Zcash has intensified after the price failed to break through resistance at $1,700 and fell to $967.
I’m keeping a close eye on the $850–$900 zone. I think this could be an important buying area, where bulls may step in and trigger a strong recovery.
If buyers hold this zone, ZEC could return to $1,050 and climb to $1,200–$1,300.
But if support breaks, further declines are possible.
For now, I’m watching the $850–$900 buying zone.
What do you think is next for $ZEC : a strong bounce or another correction?
