$ZEC — BEARS ARE STILL DEFENDING RESISTANCE
ZEC has faced another rejection from the $1,240–$1,250 resistance zone, with sellers pushing price back toward $1,180. Buyers attempted to recover, but the momentum wasn't strong enough to reclaim higher levels.
KEY LEVELS TO WATCH
Current Price: $1,180
Resistance Zone: $1,240–$1,250
Recovery Zone: $1,200–$1,220
First Support: $1,154
Major Support: $1,107
The price action remains under pressure as long as ZEC struggles to reclaim the $1,200–$1,220 zone.
If selling continues and $1,154 breaks, the next area to watch is around $1,107.
On the other hand, a strong recovery above $1,220 could improve the short-term outlook, while a breakout above $1,250 would signal a stronger bullish shift.
For now, sellers appear to have the upper hand, but the next move depends on how price reacts at support.
Will ZEC continue its correction, or can buyers finally turn things around?
Keep $ZEC on your watchlist.
ZEC has faced another rejection from the $1,240–$1,250 resistance zone, with sellers pushing price back toward $1,180. Buyers attempted to recover, but the momentum wasn't strong enough to reclaim higher levels.
KEY LEVELS TO WATCH
Current Price: $1,180
Resistance Zone: $1,240–$1,250
Recovery Zone: $1,200–$1,220
First Support: $1,154
Major Support: $1,107
The price action remains under pressure as long as ZEC struggles to reclaim the $1,200–$1,220 zone.
If selling continues and $1,154 breaks, the next area to watch is around $1,107.
On the other hand, a strong recovery above $1,220 could improve the short-term outlook, while a breakout above $1,250 would signal a stronger bullish shift.
For now, sellers appear to have the upper hand, but the next move depends on how price reacts at support.
Will ZEC continue its correction, or can buyers finally turn things around?
Keep $ZEC on your watchlist.