$2Z is bleeding today, trading at 0.11405, down 7.26%, after a sharp rejection from the 0.12550 high. Sellers stayed in control all session, dragging price to a fresh 24h low at 0.11255 before a small relief bounce stepped in.
The structure remains bearish. Price is pinned below MA(7) 0.11436, MA(25) 0.11613, and MA(99) 0.11984, showing strong overhead pressure. Every bounce is getting sold, and momentum still favors the downside.
Key levels to watch
Support: 0.11250 → breakdown opens room for deeper pain
Resistance: 0.11610 then 0.12000 → bulls must reclaim these to shift sentiment
Market tone: Panic selling cooled near the lows, but confidence is fragile. A weak bounce means bears still hold the battlefield—only a strong reclaim above short MAs can spark a real comeback.
#2Z #MarketCorrection #PreciousMetalsTurbulence #CZAMAonBinanceSquare