đš $ZEC
IS DEFENDING A KEY DEMAND ZONE â REAL ABSORPTION OR A FINAL LIQUIDITY TRAP? đ
ZEC just swept local liquidity and is now reacting near a major demand block.
The $1,130 area is the key line on the 1H chart.
Sellers pushed below it more than once â but every dip was met with fast buying and long lower wicks.
That is the part of the chart that matters.
đą If buyers can reclaim momentum above the demand zone, the sweep may turn into a relief move.
đŽ But if ZEC accepts below the block, the current bounce could become nothing more than temporary absorption before another flush.
â ïž RSI is already deeply oversold, but the broader 1H trend is still under pressure.
Is ZEC building a reversal from demand â or just trapping dip buyers before the next move down? đ
#ZEC #Altcoins
IS DEFENDING A KEY DEMAND ZONE â REAL ABSORPTION OR A FINAL LIQUIDITY TRAP? đ
ZEC just swept local liquidity and is now reacting near a major demand block.
The $1,130 area is the key line on the 1H chart.
Sellers pushed below it more than once â but every dip was met with fast buying and long lower wicks.
That is the part of the chart that matters.
đą If buyers can reclaim momentum above the demand zone, the sweep may turn into a relief move.
đŽ But if ZEC accepts below the block, the current bounce could become nothing more than temporary absorption before another flush.
â ïž RSI is already deeply oversold, but the broader 1H trend is still under pressure.
Is ZEC building a reversal from demand â or just trapping dip buyers before the next move down? đ
#ZEC #Altcoins