🚀 Are you waiting for the market to give a final signal before making a decision? Amid the silence of price movement 📉, ZEC jumped over **600% in 90 days** 📈
But today?
It is swinging sideways with no clear goal 🤯
🤔 **Why?**
Even after **Arthur Hayes**, the co-founder of **BitMEX**, praised Zcash's privacy model 🛡️
And moved from the **Monero** camp to the **Zcash** camp
The market has not moved as many expected 🧐
💡 The most important observation
Hayes focused on **technological design**
And it has not indicated any **price targets** or **entry timing** 🧠
And this explains why the price did not explode immediately 💥
📊 **What do the charts say now?**
🔴 Imminent bearish crossover between **EMA20** and **EMA50**
Short-term warning signal ⚠️
🫠 **OBV** drops with the price between 12 and 18 December
What does it mean that **buyers have not yet entered strongly**
No volume support = no real momentum 📉
But... there is a glimmer of hope 🔦
🟢 **CMF** started to rise between 11 and 18 December
Despite the price drop
What suggests that **whales** are watching 🐋
🚨 **Key levels now**
🔺 **$434** = Critical resistance
A daily close above it could open the way to **$516** 💲
🔻 **$371** = Major support
Breaking it could drag the price to **$301** where strong demand was previously seen 📥
🔑 The summary
Hayes' praise = **long-term technological confidence**
But the market = **requires technical evidence before movement**
Until a **strong volume flow** appears
ZEC will remain in the **gray area** 🌫️
🔔 Will buyers join soon?
Follow the indicators
Watch CMF
And prepare for the next move 🚀
🔁 Share your opinion
Will ZEC take off after this accumulation?
Or is the market still unconvinced? 💬
