ZEC/USDT – Is a Bigger Move Coming? 📉📈
ZEC is currently trading around $1,220 after bouncing from the $1,112 support zone.
🔴 Resistance Zone: $1,580–$1,698
🟢 Support Zone: $1,040–$1,150
On the 4H timeframe, ZEC is still moving inside a descending channel. The recent bounce is worth watching, but the overall structure remains bearish until price confirms a breakout.
📉 Bearish Scenario: If price loses the support zone, further downside could follow.
📈 Bullish Scenario: If support holds and price breaks above the descending trendline with strong confirmation, a larger recovery could be possible.
⚠️ These are possible scenarios, not guaranteed predictions. I’ll wait for confirmation before making a decision.
What do you think? Will ZEC break down or recover from this support zone? 👇
#ZEC #ZECUSDT #CryptoAnalysis📈📉🐋 #BinanceSquare #TechnicalAnalysis
ZEC is currently trading around $1,220 after bouncing from the $1,112 support zone.
🔴 Resistance Zone: $1,580–$1,698
🟢 Support Zone: $1,040–$1,150
On the 4H timeframe, ZEC is still moving inside a descending channel. The recent bounce is worth watching, but the overall structure remains bearish until price confirms a breakout.
📉 Bearish Scenario: If price loses the support zone, further downside could follow.
📈 Bullish Scenario: If support holds and price breaks above the descending trendline with strong confirmation, a larger recovery could be possible.
⚠️ These are possible scenarios, not guaranteed predictions. I’ll wait for confirmation before making a decision.
What do you think? Will ZEC break down or recover from this support zone? 👇
#ZEC #ZECUSDT #CryptoAnalysis📈📉🐋 #BinanceSquare #TechnicalAnalysis