Price just pulled back from a sharp spike (24h high ~379) and is consolidating around ~342. Short-term indicators show mild bearish momentum but some bounce signs forming — think range-trade for now.
Scenarios to watch: • Bull: break and hold above ~370 → target next leg up toward ~400. • Neutral: chop between ~320–370 — good to wait for clear break or higher volume. • Bear: close below ~320 → risk drop toward ~280 then retest lows near ~160.
Methods I used: recent price action (support/resistance), indicator check (MACD/KDJ/RSI tone), and volume/structure confirmation. Not financial advice — just my read. Manage risk and size accordingly.$ZEC
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Quick take on ZEC — short & simple:
Price just pulled back from a sharp spike (24h high ~379) and is consolidating around ~342. Short-term indicators show mild bearish momentum but some bounce signs forming — think range-trade for now.
Scenarios to watch: • Bull: break and hold above ~370 → target next leg up toward ~400.
• Neutral: chop between ~320–370 — good to wait for clear break or higher volume.
• Bear: close below ~320 → risk drop toward ~280 then retest lows near ~160.
Methods I used: recent price action (support/resistance), indicator check (MACD/KDJ/RSI tone), and volume/structure confirmation. Not financial advice — just my read. Manage risk and size accordingly.$ZEC