Most traders expect a breakdown for $ZEC, but the data suggests a mild cooling off.
We just saw a move of +1.71% in the last hour for $ZEC . Despite the positive MACD histogram, price remains below VWAP at 913.11 and EMA50 at 919.28.
If price clears resistance at 934.14, we may see a shift toward EMA200 at 949.55. If support at 909.73 fails to hold, expect a test of lower levels. 🎯
RSI at 50.46 sits in neutral territory, leaving the path forward unclear. 🧭
What would change your mind about this neutral read?
#ZEC #BinanceSquare #Volatility
This is analysis, not a recommendation. Manage risk first, profit second.
We just saw a move of +1.71% in the last hour for $ZEC . Despite the positive MACD histogram, price remains below VWAP at 913.11 and EMA50 at 919.28.
If price clears resistance at 934.14, we may see a shift toward EMA200 at 949.55. If support at 909.73 fails to hold, expect a test of lower levels. 🎯
RSI at 50.46 sits in neutral territory, leaving the path forward unclear. 🧭
What would change your mind about this neutral read?
#ZEC #BinanceSquare #Volatility
This is analysis, not a recommendation. Manage risk first, profit second.
