Current area: ~$1,110–$1,140
$ZEC has been extremely volatile after reaching nearly $1,300, followed by a sharp correction.
Technical picture:
🟢 Trend: Still bullish on the larger trend.
⚠️ Momentum: Cooling after the huge rally; chasing at current levels is risky.
🟢 Support: ~$1,075–$1,100
🔴 Resistance: ~$1,200, then ~$1,260–$1,300
🚀 Bull case: A strong move above $1,200 could reopen the $1,260–$1,300 zone.
🔻 Bear case: Losing ~$1,075 could bring a deeper pullback toward ~$1,000 or below.
Recent leverage was heavily flushed during the correction, with reports of about $17.2M in liquidations, which shows how volatile ZEC currently is.
My overall view: 🟢 Bullish but highly volatile. The key level I'd watch is $1,075—holding it keeps the recovery structure healthier; breaking it would weaken the setup.#AnthropicCEOCallsForAISlowdown
$ZEC has been extremely volatile after reaching nearly $1,300, followed by a sharp correction.
Technical picture:
🟢 Trend: Still bullish on the larger trend.
⚠️ Momentum: Cooling after the huge rally; chasing at current levels is risky.
🟢 Support: ~$1,075–$1,100
🔴 Resistance: ~$1,200, then ~$1,260–$1,300
🚀 Bull case: A strong move above $1,200 could reopen the $1,260–$1,300 zone.
🔻 Bear case: Losing ~$1,075 could bring a deeper pullback toward ~$1,000 or below.
Recent leverage was heavily flushed during the correction, with reports of about $17.2M in liquidations, which shows how volatile ZEC currently is.
My overall view: 🟢 Bullish but highly volatile. The key level I'd watch is $1,075—holding it keeps the recovery structure healthier; breaking it would weaken the setup.#AnthropicCEOCallsForAISlowdown
