$ZEC 🚀 ZEC/USDT: Lull before the explosion or dive? 🔥
After a powerful rally to $1,698, Zcash ($ZEC ) went for correction and is now trading at a critical mark of $1,153!
📍 Key level: $1,075 (24h Low) - this is where the fate of the local trend is decided.
📉 RSI (34.6): The indicator is one step away from the oversold zone - the string is pulled for a technical rebound!
⚡ Scenarios:
• Bullish: Hold $1,075 ➡️ rebound to $1,198 (MA7) and higher to $1,360.
• Bear: Breakdown $1,075 ➡️ care for a deeper correction.
After a powerful rally to $1,698, Zcash ($ZEC ) went for correction and is now trading at a critical mark of $1,153!
📍 Key level: $1,075 (24h Low) - this is where the fate of the local trend is decided.
📉 RSI (34.6): The indicator is one step away from the oversold zone - the string is pulled for a technical rebound!
⚡ Scenarios:
• Bullish: Hold $1,075 ➡️ rebound to $1,198 (MA7) and higher to $1,360.
• Bear: Breakdown $1,075 ➡️ care for a deeper correction.