$ZEC

ZEC

433.65

-5.65%

Current Trend

Price is trading around $367 after a small bounce.

Overall trend is downtrend, as candles are below the descending trendline.

Selling pressure was strong, but buyers are now showing some reaction.

What Chart Indicates Now

Price formed a small bullish reversal candle near S1.

Volume increased slightly, showing buyer interest.

Still below the downtrend trendline, so trend hasn’t reversed yet.

Market is bearish, but showing early signs of a possible recovery from support.

Confirmation needed: Breakout above $420 for trend reversal.

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