🐻 $ZEC /USDT ALERT: Zcash Crashes 17.88%! Is $900 the Next Target?
Zcash is facing heavy selling pressure!
According to the latest 4H chart, ZEC is trading around $969.60, down approximately 17.88% in 24 hours.
The recent price action suggests that bears are firmly in control.
📊 Market Snapshot
- Current Price: $969.60
- 24H Change: -17.88%
- 24H High: $1,183.88
- 24H Low: $961.07
🔍 Technical Analysis
The moving averages show a strong bearish structure:
- MA(7): $1,023.30
- MA(25): $1,166.26
- MA(99): $1,237.68
$ZEC is trading below all three moving averages.
The MA(7) is also below MA(25) and MA(99), confirming significant short-term weakness.
🎯 Important Price Levels
Support:
- $961 – Immediate support
- $900 – Psychological support
- $850 – Potential downside area if selling continues
Resistance:
- $1,023 – MA(7)
- $1,127 – Previous price area
- $1,166 – MA(25)
- $1,237 – MA(99)
🐻 My Price Prediction
My short-term outlook is bearish.
Bearish scenario: If $ZEC breaks below $961 with strong selling volume, the next area I would watch is $900, followed by $850.
Bullish recovery scenario: If buyers defend $961 and reclaim $1,023, a recovery toward $1,127 could become possible.
However, I would need to see stronger buying volume before considering a trend reversal.
🧠 My Strategy
I would avoid chasing a short position after such a sharp drop. A relief bounce is possible, and entering late can be risky.
For now, I am watching the $961 support zone closely.
The key question: Can buyers defend $961, or will bears push ZEC toward $900?
💬 Share your prediction below!
🐂 Growing Bulls – Follow the Trend, Not the Hype!
#ZEC/USDT #zcash #ZECUSDT #CryptoAnalysis📈📉🐋📅🚀
Zcash is facing heavy selling pressure!
According to the latest 4H chart, ZEC is trading around $969.60, down approximately 17.88% in 24 hours.
The recent price action suggests that bears are firmly in control.
📊 Market Snapshot
- Current Price: $969.60
- 24H Change: -17.88%
- 24H High: $1,183.88
- 24H Low: $961.07
🔍 Technical Analysis
The moving averages show a strong bearish structure:
- MA(7): $1,023.30
- MA(25): $1,166.26
- MA(99): $1,237.68
$ZEC is trading below all three moving averages.
The MA(7) is also below MA(25) and MA(99), confirming significant short-term weakness.
🎯 Important Price Levels
Support:
- $961 – Immediate support
- $900 – Psychological support
- $850 – Potential downside area if selling continues
Resistance:
- $1,023 – MA(7)
- $1,127 – Previous price area
- $1,166 – MA(25)
- $1,237 – MA(99)
🐻 My Price Prediction
My short-term outlook is bearish.
Bearish scenario: If $ZEC breaks below $961 with strong selling volume, the next area I would watch is $900, followed by $850.
Bullish recovery scenario: If buyers defend $961 and reclaim $1,023, a recovery toward $1,127 could become possible.
However, I would need to see stronger buying volume before considering a trend reversal.
🧠 My Strategy
I would avoid chasing a short position after such a sharp drop. A relief bounce is possible, and entering late can be risky.
For now, I am watching the $961 support zone closely.
The key question: Can buyers defend $961, or will bears push ZEC toward $900?
💬 Share your prediction below!
🐂 Growing Bulls – Follow the Trend, Not the Hype!
#ZEC/USDT #zcash #ZECUSDT #CryptoAnalysis📈📉🐋📅🚀
