$ZEC DIP = OPPORTUNITY? 📉🚀
$ZEC USDT is showing massive volatility today!
Live Data from my chart:
Price: $1,296.06 (-6.48%)
24h High: $1,386.75
24h Low: $1,270.00
24h Volume: 1.07M ZEC / 1.41B USDT
Mark Price: $1,296.43
My Take:
$ZEC just swept the highs at $1,386 and took a healthy -6.48% correction. Now it's sitting right under the MA60 (1,298.89) which is acting as resistance. Volume profile shows buyers stepping in at the low. That wick at $1,270 got bought up FAST. The chart is trying to reclaim $1,300.
This is where smart money plays. High volume + sharp dip = big move incoming.
I'm watching two levels:
1. Break above $1,299 = Long momentum to $1,340 2. Rejection at MA60 = Short scalp to $1,275
What are you playing? Long or Short?
This is a trader's market, not a holder's market.
Not financial advice. Trade safe!
#ZEC #Zcash #ZECUSDT #BinanceSquare #TechnicalAnalysis
$ZEC USDT is showing massive volatility today!
Live Data from my chart:
Price: $1,296.06 (-6.48%)
24h High: $1,386.75
24h Low: $1,270.00
24h Volume: 1.07M ZEC / 1.41B USDT
Mark Price: $1,296.43
My Take:
$ZEC just swept the highs at $1,386 and took a healthy -6.48% correction. Now it's sitting right under the MA60 (1,298.89) which is acting as resistance. Volume profile shows buyers stepping in at the low. That wick at $1,270 got bought up FAST. The chart is trying to reclaim $1,300.
This is where smart money plays. High volume + sharp dip = big move incoming.
I'm watching two levels:
1. Break above $1,299 = Long momentum to $1,340 2. Rejection at MA60 = Short scalp to $1,275
What are you playing? Long or Short?
This is a trader's market, not a holder's market.
Not financial advice. Trade safe!
#ZEC #Zcash #ZECUSDT #BinanceSquare #TechnicalAnalysis