📉 $ZEC just lost the $1,000 support!
First time below $1K since September, down ~25% in 7 days. ETF outflows and long liquidations are driving the pressure.
🟢 Support: $960 → $900 → $800
🔴 Resistance: $1,000 → $1,060 → $1,207
RSI ~34 (near oversold), so a relief bounce is possible, but the trend stays bearish until $1,207 is reclaimed. Use a stop-loss if trading with leverage! ⚠️
📌 Disclosure: I currently hold a long position in ZEC.
Do you think $900 holds? 👇
#ZECUSDT #Zcash #CryptoAnalysis
First time below $1K since September, down ~25% in 7 days. ETF outflows and long liquidations are driving the pressure.
🟢 Support: $960 → $900 → $800
🔴 Resistance: $1,000 → $1,060 → $1,207
RSI ~34 (near oversold), so a relief bounce is possible, but the trend stays bearish until $1,207 is reclaimed. Use a stop-loss if trading with leverage! ⚠️
📌 Disclosure: I currently hold a long position in ZEC.
Do you think $900 holds? 👇
#ZECUSDT #Zcash #CryptoAnalysis
