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$ZEC Under pressure… Don’t rush in
$ZEC is now sending clear short-term warning signals, and the clock says the market is leaning downwards.
📉 On the hourly frame
The pair broke an important local support at $399, and this break could quickly open the way towards $390 if selling pressure continues.
🕯️ On the daily frame
So far, there are no clear reversal signs.
If the daily candle closes near $399 or below, we are likely to see a test of $370–$380 in the coming days.
📌 From a broader perspective
Closing below $370 could strongly pressure the price, possibly pushing it towards $300 before the end of the month.
In summary:
$ZEC is not in a buying area now.
The most likely scenario is continued decline if support is not regained quickly.
Watch levels 399 and 370… as they may determine the next movement path.
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