$ZEC is attempting a short-term recovery after dropping to 1,142.22. The 15-minute trend remains bearish, but MACD momentum is improving slightly. The key level to watch is 1,158.19 resistance.
If buyers break above resistance, a move toward 1,178.85 could develop. However, rejection near 1,158 or a loss of support could bring another downside move.
If buyers break above resistance, a move toward 1,178.85 could develop. However, rejection near 1,158 or a loss of support could bring another downside move.