$ZEC is down around 8% today, and the SquareRadar AI chart shows a clear shift in momentum. 👀
After struggling to hold the $1,500–$1,600 range, ZEC has been making lower highs and lower lows, with the latest sell-off pushing it toward $1,378.
Despite signals pointing in both directions, the price action has continued to favor sellers.
Here's what I'm watching next:
$1,350–$1,380: The immediate zone where buyers need to step in.
$1,450–$1,500: The area ZEC needs to reclaim to show signs of recovery.
Below $1,350: Could expose the price to further downside.
My take? The chart still looks bearish for now. I'd rather wait for buyers to reclaim key levels than assume this dip is automatically a buying opportunity.
After struggling to hold the $1,500–$1,600 range, ZEC has been making lower highs and lower lows, with the latest sell-off pushing it toward $1,378.
Despite signals pointing in both directions, the price action has continued to favor sellers.
Here's what I'm watching next:
$1,350–$1,380: The immediate zone where buyers need to step in.
$1,450–$1,500: The area ZEC needs to reclaim to show signs of recovery.
Below $1,350: Could expose the price to further downside.
My take? The chart still looks bearish for now. I'd rather wait for buyers to reclaim key levels than assume this dip is automatically a buying opportunity.
