I SAID $ZEC WOULD LOSE $1,100… AND LOOK WHERE WE ARE 📉
Yesterday I said $ZEC could drop below $1,000 if buyers failed to reclaim the $1,200 zone.
Now ZEC is below $1,000 and the selling pressure hasn't disappeared.
The big question is:
Where does the next bounce come from?
If buyers don't step in and defend the next support zones, I wouldn't be surprised to see $900 - $800 - $700 come into play before a serious recovery.
But remember… this is still ZEC.
The same coin that ran into the $1,250 area and attracted massive volume.
So I'm watching one thing:
Does $ZEC find buyers here, or does the correction get MUCH deeper?
$700–$800 before the next big bounce?
#ZECPriceAnalyisis
Yesterday I said $ZEC could drop below $1,000 if buyers failed to reclaim the $1,200 zone.
Now ZEC is below $1,000 and the selling pressure hasn't disappeared.
The big question is:
Where does the next bounce come from?
If buyers don't step in and defend the next support zones, I wouldn't be surprised to see $900 - $800 - $700 come into play before a serious recovery.
But remember… this is still ZEC.
The same coin that ran into the $1,250 area and attracted massive volume.
So I'm watching one thing:
Does $ZEC find buyers here, or does the correction get MUCH deeper?
$700–$800 before the next big bounce?
#ZECPriceAnalyisis
