📉 $ZEC IS EXPERIENCING A STRONG DECLINE – EXERCISE CAUTION
$ZEC is currently under significant selling pressure, prices are dropping rapidly and breaking through many important support levels. The short-term market structure has shifted to a distinct downward trend, indicating that the selling side is dominant.
🔍 Technical assessment:
Trend: Strong decline
Prices are below important MA lines
The decline is accompanied by increased volume → aggressive selling
No clear bottoming signal observed
📌 Strategies to consider:
Do not rush to catch the bottom while the downward trend has not ended
Only consider buying when prices establish an accumulation base or there are clear reversal signals
If holding, manage risk tightly or wait for a pullback to reduce positions
🎯 Next scenario:
If selling pressure continues, $ZEC may test lower support levels
In case prices rebound but do not break resistance → it is just a technical rebound
⚠️ Important note: In a strong decline phase, preserving capital is more important than profit.
👉 Be patient and wait for confirmation signals for safety and effectiveness.
