$ZEC

ZEC
ZEC
495.08
-2.35%

Recently, I've seen that some well known influencers

are promoting ZEC after we've seen a serious pump on it. Honestly, this type of promotion of a coin after a huge pump doesn't end well. Let me show why!

As you can see in the screenshot, ZEC is trading inside my red box which is Fibonacci strong resistance level. Inside the box, there is Daily 50MA & price is getting rejected from it. Unless ZEC reclaims Daily 50MA, I strongly recommend you not to buy it because these rejections have the potential to send it below $200 and that's a serious dump.

This pump has only made a lower high. That's why influencers are promoting it so much to make the retail followers their exit liquidity. You can't just ignore all these bearish signs!

In the screenshot, you can also see that, there's a red box around $105-$93. That's a monthly liquidity box. The higher the timeframe, the stronger the zone. If you want to buy ZEC, buy in that zone. TRUST ME BRO, YOU DO NOT WANT TO MISS BUYING ZEC IN THAT ZONE.

Best of luck.

#bearishmomentum