❓ Is $ZEC heading back to $1,042 after losing its Oct 8 floor?
⚠️ $1,102 now, -9.8% today, low $1,075 under the $1,113 Oct 8 low
⚠️ Lower highs since the top: $1,698 → $1,385 → $1,349
⚠️ Under 1D 20/50 EMA ($1,265 / $1,184), RSI 39
⚠️ ~$20M liquidations in 24h, mostly longs (Crypto Times)
✅ Sep 14 low $1,042 is the next real floor
✅ Still +125% from mid-August, $241M volume = #3 alt
🎯 My take: daily close back over $1,113 = trap; under $1,042 → $1,000
💬 Is ZEC near a bottom here or does $1,000 get tested? 👇
#ZEC #Zcash #TechnicalAnalysis
⚠️ $1,102 now, -9.8% today, low $1,075 under the $1,113 Oct 8 low
⚠️ Lower highs since the top: $1,698 → $1,385 → $1,349
⚠️ Under 1D 20/50 EMA ($1,265 / $1,184), RSI 39
⚠️ ~$20M liquidations in 24h, mostly longs (Crypto Times)
✅ Sep 14 low $1,042 is the next real floor
✅ Still +125% from mid-August, $241M volume = #3 alt
🎯 My take: daily close back over $1,113 = trap; under $1,042 → $1,000
💬 Is ZEC near a bottom here or does $1,000 get tested? 👇
#ZEC #Zcash #TechnicalAnalysis