Red Candle Inferno: ZEC Just Lost a Week of Gains!
Wipeout on the ZEC chart! That -6.38% drop to $469.84 is a gut-punch that erased the last few days of struggle. Remember that euphoric high near $610? It feels like ages ago!
The chart looks like a waterfall right now. The candles are red, and the selling pressure is heavy. Even the 24-hour high of $509 couldn't hold.
The market is definitely nervous, especially with that massive wick near the $610 peak on November 24th, which signaled a major reversal. The question for all the diamond hands is: How low can we go before the buyers step back in? We need to hold $448 to prevent a full-blown crash to previous accumulation zones. Keep your seatbelts fastened!
ZECUSDT
Perp
397.19
-9.96%