$ZEC 15-minute drop of 2.41%, current price 843.71. There are two possible scenarios:
① It stabilizes and climbs back above the breakdown level → this looks more like a sentiment-driven selloff
② The rebound lacks strength and it breaks below the 24-hour low of 801.52 → weakness may continue
Personally, I’d wait to see the strength of the first rebound before making a judgment. What do you think at this level?
① It stabilizes and climbs back above the breakdown level → this looks more like a sentiment-driven selloff
② The rebound lacks strength and it breaks below the 24-hour low of 801.52 → weakness may continue
Personally, I’d wait to see the strength of the first rebound before making a judgment. What do you think at this level?
