👇THIS WHY
$ZEC IS CRASHING.. DID YOU KNOW?
🤯YOU WOULD'NT BELEIVE!!
After rallying aggressively from $50 to $775,
$ZEC entered a long 3–4 month consolidation
that signaled exhaustion rather than healthy
continuation. Following such a parabolic move,
extended sideways price action often represents
distribution, where larger players reduce
exposure while late buyers expect
another push higher.
The bearish bias was confirmed when
price broke down from the pennant structure
at $440. A failed continuation pattern
indicates loss of bullish control and a shift
in market structure. This breakdown was
followed by a failed retest, where former
support flipped into resistance, a classic sign
that sellers are now in control.
Structurally, price has started forming lower highs,
confirming the bullish trend is broken.
Momentum also remains weak, with no strong
buying response after the retest, showing
clear demand exhaustion. Additionally, upside
liquidity was already taken near $775,
leaving price incentivized to seek
lower demand zones.
Unless
$ZEC reclaims and holds above
the $440–$460 resistance zone with
strong volume, the path of least resistance
remains bearish.
Watch out BULLS & Pack your bags!
Because bears are out for blood..
DYOR
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