$ZEC shows bearish pressure on, trading below all major moving averages. Price declined 4.7% to $386, breaking recent support. Downtrend intact with lower highs forming. Volume mixed, but selling pressure is evident. Critical support near $348-370 zone. Any bounce faces resistance at $400-420.
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$ZEC shows bearish pressure on, trading below all major moving averages. Price declined 4.7% to $386, breaking recent support. Downtrend intact with lower highs forming. Volume mixed, but selling pressure is evident. Critical support near $348-370 zone. Any bounce faces resistance at $400-420.
For Long Position:
TP1: $400
TP2: $420
TP3: $445
Stop Loss: $365