$ZEC/USDT – Market Overview
On the daily timeframe, ZEC is still moving inside a tight range with no clear breakout yet. However, when we shift to the 4H chart, the bearish bias becomes much more noticeable, suggesting that sellers are still in control.
On the 1H chart, price is trading below its key moving average, and momentum remains weak with the RSI holding under 36. This shows that buyers haven’t regained strength for now.
The key area I’m watching is the 15-minute RSI. If it drops back below 50, that usually signals selling pressure returning. Combined with the bearish structure on the 4H timeframe, the market could revisit recent lows if this signal confirms.
Based on these factors, I’m monitoring a potential downside scenario if the momentum aligns.
Actionable Setup (SHORT – personal market observation only)
• Entry: 394.630208 – 400.249792
• TP1: 380.581247
• TP2: 374.961662
• TP3: 363.722493
• SL: 414.298753
If you’re also tracking ZEC, feel free to share your thoughts — always great to compare different perspectives#BinanceBlockchainWeek $XRP
