$ZEC BIG DUMP ALERT โ $1,000 NEXT???
Guys, $ZEC is dropping hard again! Sellers remain in control as Zcash trades near $1,058 after breaking below the crucial $1,099 support level.
The descending trendline continues to pressure price, and another drop toward $1,040 and $1,000 looks possible if selling continues.
Iโm watching for further downside while ZEC remains below $1,100.
Will $ZEC bounce back or crash below $1,000? ๐
Stay alert and manage your risk.
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$ZEC just lost the 1075 floor. That level held on Oct 15 and again over the weekend, tonight it finally gave up and price is sitting around 1064 now.
Honestly the trend has been ugly for weeks. From almost 1700 in late Sept to here, every bounce got sold under the 4H EMAs, lower highs all the way.
For me 1000 is the next big number, round level and I think buyers show up there. If it gets back over 1075 quick then fine, maybe it was just a sweep. Real change only above 1112 and a 4H close over...
Guys, What do you think? ๐
Will $NIL go further down or make a strong comeback?
Iโm still watching $NIL closely, and a recovery toward $0.09 is still on my radar.
On the 4H chart, NIL is trading around $0.0756, below the MA(7), MA(25), and MA(99), showing that bearish pressure remains strong.
However, the recent low near $0.0707 is a key support to watch. If buyers defend this level and reclaim the $0.080โ$0.083 resistance zone, a move toward $0.09 could become possible.
But if $0.0707 bre...
$ERA Is Setting a Trap, and Both Sides Could Get Cooked!
Nahhh, $ERA is playing games with traders right now
Price is chilling around $0.069, but the liquidation zones are looking wild.
Longs are stacked around $0.065โ$0.067, while shorts are crowded near $0.075โ$0.080.
My take? The market might shake out one side before making its real move.
If $0.067 holds strong, Iโm watching for a possible squeeze toward $0.075+.
Don't chase the first move. The real opportunity might come after the tra...
$INJ : More detailed update: additional to quoted post:
One more downside impulse, wave (C), may still be ahead, potentially driving INJ back toward its previous bottom zone or slightly above it. 2.7-3$
We saw a similar development in 2022, when wave (C) brought price back toward the previous lows before the larger corrective structure continued to develop.
The current structure appears to be rhyming with that historical pattern, making this final downside move an important scenario to watc...
Guys, $ZEC is showing strong bearish momentum after breaking below the $1,110โ$1,125 support zone. Price is consolidating near $1,082, and further downside remains possible.
#ZEC โ SHORT
{future}(ZECUSDT)
Entry: $1,082โ$1,088
TP1: $1,070
TP2: $1,055
TP3: $1,037
SL: $1,107.63
Wait for bearish confirmation before entering. Reclaiming $1,108 could invalidate the short setup.