Here is ZEC's bounce level I'm following, it's banging its head against the wall.
The price of $ZEC is currently around $1136, but the resurgence remains precarious. Price is still below the major moving averages and sellers may re-enter the market around $1,190-$1,205 once again.
📉 Bias: Bearish when resistance not broken.
🎯 Rejected $1,175 – $1,195 potential short entry
🛑 Stop-loss: $1,235
💰 Targets: $1,130 → $1,080
Purchase $1,205 and held, reconsider short set up. If the $1,075 low comes up again with a clean break below $1,130, it will be back in the mix.
Would you give it up or look for confirmation? 👀
Press the heart if this breakdown about ZEC has helped you.
And follow for more no-fluff crypto insights, technical breakdowns and credible signals.
#zecash $ZEC
🤑
The price of $ZEC is currently around $1136, but the resurgence remains precarious. Price is still below the major moving averages and sellers may re-enter the market around $1,190-$1,205 once again.
📉 Bias: Bearish when resistance not broken.
🎯 Rejected $1,175 – $1,195 potential short entry
🛑 Stop-loss: $1,235
💰 Targets: $1,130 → $1,080
Purchase $1,205 and held, reconsider short set up. If the $1,075 low comes up again with a clean break below $1,130, it will be back in the mix.
Would you give it up or look for confirmation? 👀
Press the heart if this breakdown about ZEC has helped you.
And follow for more no-fluff crypto insights, technical breakdowns and credible signals.
#zecash $ZEC
🤑