#ZECUSDT #MarketPullback

ZEC/USDT

1️⃣ Market Structure
Massive parabolic pump from around $15 → $750.

After the spike, price formed strong rejection wicks.

Now price dropped to $196 and continues correcting.

This type of move usually leads to long consolidation or deeper correction.

2️⃣ Moving Averages
MA(7) ≈ 305 → price below it (bearish short term)

MA(25) ≈ 112 → possible major support area

So the market is currently in a correction phase.

3️⃣ Key Levels
Resistance

$300

$460

$750 (major top)

Support

$180 (current support zone)

$140

$110 (strong monthly support)

4️⃣ Volume Analysis
Huge volume spike during pump, now volume decreasing → typical cooling-off phase.

5️⃣ Possible Scenarios
📉 Bearish scenario

If $180 breaks, price may drop to $140 → $110.

📈 Bullish scenario

If price reclaims $300, next targets:

$460

$600

6️⃣ Trading Idea (Safer)
✔ Wait for support confirmation near $150–$170
or
✔ Breakout above $300

Avoid entering in the middle of correction.
$ZEC
$BTC
$