#ZECUSDT #MarketPullback
ZEC/USDT
1️⃣ Market Structure
Massive parabolic pump from around $15 → $750.
After the spike, price formed strong rejection wicks.
Now price dropped to $196 and continues correcting.
This type of move usually leads to long consolidation or deeper correction.
2️⃣ Moving Averages
MA(7) ≈ 305 → price below it (bearish short term)
MA(25) ≈ 112 → possible major support area
So the market is currently in a correction phase.
3️⃣ Key Levels
Resistance
$300
$460
$750 (major top)
Support
$180 (current support zone)
$140
$110 (strong monthly support)
4️⃣ Volume Analysis
Huge volume spike during pump, now volume decreasing → typical cooling-off phase.
5️⃣ Possible Scenarios
📉 Bearish scenario
If $180 breaks, price may drop to $140 → $110.
📈 Bullish scenario
If price reclaims $300, next targets:
$460
$600
6️⃣ Trading Idea (Safer)
✔ Wait for support confirmation near $150–$170
or
✔ Breakout above $300
Avoid entering in the middle of correction.
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