👀 $ZEC — Is $1,250–$1,280 the Next Resistance Zone?
$ZEC surged from $500 to $1,699 before correcting to $1,112. It has since rebounded toward $1,234, but sellers may still defend the $1,250–$1,280 area.
📉 Levels to watch:
• Resistance: $1,250–$1,280
• Higher supply zones: $1,300–$1,330
• Recent low: $1,112
• Current rebound area: around $1,234
Traders who bought near $1,280–$1,330 may look to exit if price returns to their entry zones, potentially adding selling pressure.
Still, a resistance zone is not a guaranteed rejection. Watch price action and volume for confirmation before taking a position.
💬 Holding $ZEC at a loss? Share your average entry price in the comments.
NFA. DYOR.
#zec #ZE_TRAD🐂 #cryptotrading #altcoins #Altcoinseason2024
$ZEC surged from $500 to $1,699 before correcting to $1,112. It has since rebounded toward $1,234, but sellers may still defend the $1,250–$1,280 area.
📉 Levels to watch:
• Resistance: $1,250–$1,280
• Higher supply zones: $1,300–$1,330
• Recent low: $1,112
• Current rebound area: around $1,234
Traders who bought near $1,280–$1,330 may look to exit if price returns to their entry zones, potentially adding selling pressure.
Still, a resistance zone is not a guaranteed rejection. Watch price action and volume for confirmation before taking a position.
💬 Holding $ZEC at a loss? Share your average entry price in the comments.
NFA. DYOR.
#zec #ZE_TRAD🐂 #cryptotrading #altcoins #Altcoinseason2024