🔎 $ZEC remains near its hourly range low after a brief recovery gave way to renewed weakness.
💵 Price: $1,086.96 (-11.6% / 24h). Last completed 1H close: $1,091.63.
📈 Above $1,254.97: an hourly close, then a retest that holds, would support an upside scenario. A return below would weaken it.
📉 Below $1,075: an hourly close would break the 24-candle range downward. This is a reference, not a suggested stop.
💡 Since the previous post, hourly closes broke the old floor and remain below it. The old ceiling never broke on a closing basis; the earlier upside condition was not met.
🕒 Binance spot · 15 Oct, 12:31 UTC
Educational analysis.
#ZEC #PriceAction #TechnicalAnalysis
💵 Price: $1,086.96 (-11.6% / 24h). Last completed 1H close: $1,091.63.
📈 Above $1,254.97: an hourly close, then a retest that holds, would support an upside scenario. A return below would weaken it.
📉 Below $1,075: an hourly close would break the 24-candle range downward. This is a reference, not a suggested stop.
💡 Since the previous post, hourly closes broke the old floor and remain below it. The old ceiling never broke on a closing basis; the earlier upside condition was not met.
🕒 Binance spot · 15 Oct, 12:31 UTC
Educational analysis.
#ZEC #PriceAction #TechnicalAnalysis