$ZEC The chart is signaling very clearly:
Sellers are completely in control, and every recovery is being immediately rejected. The market structure has weakened, and there are still no solid signs of a bullish reversal.
Why $ZEC Looks Bearish Right Now:
Price is continuously being rejected at the major resistance level
The trend is forming consistently lower highs and lower lows
Volume is decreasing on every recovery → bulls are losing strength
Momentum indicators have pointed downwards
If ZEC loses the current support area, we might see a quick drop to the next support levels.
⚠️ Conclusion:
The chart clearly looks bearish. There are no strong reversal signals yet, and ZEC remains under heavy bearish pressure.
Avoid rushing into long positions — the market could still move lower.
