$ZEC ANALYSIS

ZECUSDT
Perp
527.8
-5.12%
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$ZEC/USDT is showing a weak bearish trend despite MACD signaling bullish momentum. Price is near the upper Bollinger Band, indicating potential short-term exhaustion. RSI above 62 suggests some strength but not enough to confirm a sustained rally.
Bull case: Holding above 313.5 supports continuation toward 324.2 resistance. Bear case: Losing 308.4 risks a deeper correction to 301.6 support. Key level to watch: 313.5.