$ZEC
ZEC
513.16
+3.41%
Disclaimer :- Only for educational purposes.
#zcash is trading at a critical juncture around $418,pressurized by a #RejectionZone at $450, the market is currently testing the "line in the sand" at $410 .
A clean BREACK below this support risks a #liquidation flush towards $385,while holding here could trigger a relief bounce given the #oversold RSI.
Strategy :-
* #bears :- Eye short entries if price closes below $410 ,targeting $390.
* bulls :- patience is key.wait for reclaim of $435 or a confirmed reversal candle at $410 before entering.