Is $ZEC at $1,172.31 finally washed out, or is this just the next leg lower? 📉
Down 3.43% today with $206.95M traded. 4h RSI is 36, but price is still below the 20d and 50d MAs. Longs are paying 0.010% funding. That’s not a clean reversal setup.
I’d stay cautious around $1,200 and wait for a reclaim, especially while $BNB is holding better. Weak tape.
Would you enter $ZEC here or wait for a retest? 👀
#ZEC #Crypto #Binance
Down 3.43% today with $206.95M traded. 4h RSI is 36, but price is still below the 20d and 50d MAs. Longs are paying 0.010% funding. That’s not a clean reversal setup.
I’d stay cautious around $1,200 and wait for a reclaim, especially while $BNB is holding better. Weak tape.
Would you enter $ZEC here or wait for a retest? 👀
#ZEC #Crypto #Binance