$ZEC Zcash is experiencing a sharp correction following its significant 90-day rally. Heavy futures activity and long liquidations highlight elevated volatility around the psychological $1,000 level. The $960 support zone is critical for the proposed counter-trend rebound. However, losing this level could expose the market to further downside. Traders should remain cautious because short-term price swings are substantial.
📈 Bias: Bearish / Oversold Bounce Candidate | 🎯 Entry: $965–$985 | 🛡 Support: $960 / $900 | 🚧 Resistance: $1,050 / $1,150 | 🎯 Targets: $1,045 / $1,100 / $1,160 | ❌ Invalidation: Below $935
Strategy: Watch for stabilization and confirmation around $960 before considering a counter-trend scalp. Avoid chasing recovery candles.
#ZEC #Zcash #BinanceTrading #CryptoAnalysis #ZECUSDT
📈 Bias: Bearish / Oversold Bounce Candidate | 🎯 Entry: $965–$985 | 🛡 Support: $960 / $900 | 🚧 Resistance: $1,050 / $1,150 | 🎯 Targets: $1,045 / $1,100 / $1,160 | ❌ Invalidation: Below $935
Strategy: Watch for stabilization and confirmation around $960 before considering a counter-trend scalp. Avoid chasing recovery candles.
#ZEC #Zcash #BinanceTrading #CryptoAnalysis #ZECUSDT
