📉 ZEC/USDT – Technical Analysis (1H)

Current price: 443.62

Variation: -0.15%

@Zcash Official

🔍 1. Moving Averages (MA):

• MA(7): 445.04

• MA(25): 440.99

• MA(99): 429.29

➡️ Interpretation:

The price is being traded between the MA(7) and the MA(25). The underlying trend is still bullish, with the price above the MA(99), but the loss of the short average (MA7) suggests a consolidation phase or small correction after testing the resistance at $457.

📊 2. RSI (Relative Strength Index):

• RSI(6): 50.21

• RSI(12): 51.00

• RSI(24): 52.04

➡️ Interpretation:

The RSI indicators are stabilized in the neutrality zone (50). This reflects a momentary balance between buyers and sellers, without a clear short-term direction.

🔊 3. Volume:

• Decreasing volume after the volatility peak that drove the price to $457.

➡️ Interpretation:

The decrease in volume during the correction indicates that there is not, for now, a selling panic, reinforcing the lateralization scenario for strength accumulation.

🧱 4. Supports and Resistances:

• Immediate support: 440.99 (MA25)

• Immediate resistance: 457.46 (Recent high)

• Critical support: 428.50 (Previous low)

⚠️ Technical Conclusion:

🔻 Trend: Lateral/Consolidation.

ZEC is "stuck" in a narrow range. The bias remains slightly bullish as long as it stays above $440. A failure to sustain the MA25 could lead the asset to test deeper supports.

✅ Likely Scenarios:

📈 Bullish: Resumption above $445 with volume to seek $457 again.

📉 Correction: Loss of $440 may open the way to the $435 region or the MA99 at $429.

#zec $ZEC

ZEC
ZEC
446.14
+3.01%