Wait, did $ZEC just find a floor or is this a trap?
I’ve been watching this hourly chart on ZEC/USDT and it’s getting interesting. We saw that sharp rejection near 255.00 followed by a slow bleed out, but look at the recent candles.
The price found some decent footing around the 227 mark and we’re seeing a bit of a green bounce back toward 239.54.
Volume isn't screaming "moon" yet, but the sellers seem to be losing their grip for a minute.
If we can flip this 243 area back into support, we might see another run at the local highs. If not, I’m keeping a close eye on that 225 level to see if it holds a second time.
Stay sharp, the order book is looking a bit heavy on the ask side right now.
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Wait, did $ZEC just find a floor or is this a trap?
I’ve been watching this hourly chart on ZEC/USDT and it’s getting interesting. We saw that sharp rejection near 255.00 followed by a slow bleed out, but look at the recent candles.
The price found some decent footing around the 227 mark and we’re seeing a bit of a green bounce back toward 239.54.
Volume isn't screaming "moon" yet, but the sellers seem to be losing their grip for a minute.
If we can flip this 243 area back into support, we might see another run at the local highs. If not, I’m keeping a close eye on that 225 level to see if it holds a second time.
Stay sharp, the order book is looking a bit heavy on the ask side right now.
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