$ZEC
/ USDT — Weak Bounce After Heavy Pullback
Price: $336.80
24h Move: –2.25%
Intraday Range: High $349.62 — Low $326.19
Reason:
ZEC dropped sharply from the $349.62 spike and slid into the mid-$330 zone, with sellers dominating most candles. The 7MA and 25MA are both angled downward, confirming continued downside pressure. Buyers stepped in lightly near $335–332 but volume remains thin — suggesting a corrective bounce rather than a full reversal.
Key Levels:
Support: $335.20 • $332.30
Resistance: $340.00 • $346.50
Trend:
Short-term bearish, but attempting to stabilize after hitting lower demand.
Trade Idea:
If ZEC reclaims $340, expect a bounce toward $346–349.
If it fails to hold $335, price may revisit $332 → $326.
Clean structure, controlled pullback — bulls need confirmation before momentum shifts.