$ZEC made a huge move from around $400 to $1,700, but sellers are now taking profit.đčđ
Price is pulling back from the $1,698 high and is currently around $1,463.
đ What Iâm watching:
âą $1,530 â first area buyers need to reclaim
âą $1,365 â important support
âą $1,108 â deeper support if the correction grows
The bigger trend is still strong, but short-term momentum has cooled.
If buyers return with strong volume, ZEC can attempt another move higher. If $1,365 breaks with selling volume, the pullback could become deeper.
Simple view: **Strong trend, but currently in a cooling-off phase.**
Donât chase the big green candles. Watch the reaction at support.
Price is pulling back from the $1,698 high and is currently around $1,463.
đ What Iâm watching:
âą $1,530 â first area buyers need to reclaim
âą $1,365 â important support
âą $1,108 â deeper support if the correction grows
The bigger trend is still strong, but short-term momentum has cooled.
If buyers return with strong volume, ZEC can attempt another move higher. If $1,365 breaks with selling volume, the pullback could become deeper.
Simple view: **Strong trend, but currently in a cooling-off phase.**
Donât chase the big green candles. Watch the reaction at support.
