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Here is a quick update on the
Zcash
chart. We got stopped at 459 but made an important break through 446. Let’s see what happens today.
$ZEC
ZECUSDT
Perp
408.37
+0.59%
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📊 $2Z Direction Forecast on 1h Timeframe 👇 Bias = 📉 Intraday Short Bias 🧭 EMA50: 0.114975 🧱 EMA200: 0.122787 🌪️ Volatility: 0.0694 Price is trading below both EMA50 and EMA200. Downward pressure and a potential bearish trend stand out. Volatility is at a high level. Price movements may be sharp and directional.
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Market Outlook on $MIRA 4h 📉 The bearish trend for $MIRA is firmly established, with significant indicators reinforcing downside pressure. The price is making lower lows, suggesting further declines may be imminent. Key support is identified around 0.1246, with a potential drop toward 0.1161 if this level is breached. Resistance stands at 0.1313, where a failure to reclaim could signal further downside movement. This analysis indicates a prevailing bearish sentiment, with caution advised for any bullish positions. 📊
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Taking stock on $AAVE 6h chart: bearish momentum holds steady 🕶️ Price action on the 6-hour timeframe is favoring the bears, with momentum indicators aligned on downside continuation. Reclaiming resistance levels remains challenging, indicating sellers are firmly in control. The key support to watch is near 181, which could attract selling pressure if price breaks below decisively. Resistance hovers around 187, where short-term bounces may stall before the trend resumes lower. The bias stays bearish unless price can close and hold above 197.
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$JELLYJELLY 1h Technical Snapshot 🚀 $JELLYJELLY is currently maintaining a bullish trend above its recent swing equilibrium. The outlook favors continued upside movement unless a significant bearish reversal forms near the recent high around 0.124. Support is observed near 0.101, acting as a critical zone for potential pullbacks and bullish reaction, while resistance is seen close to 0.124. A break below 0.101 could trigger a deeper retracement toward 0.090. Traders should monitor price action for reversal signals at these levels.
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Technical Snapshot: $LAYER 30m Chart Signals Bearish Bias 📉 $LAYER remains structurally bearish on the 30-minute timeframe, with price hovering just above the latest swing low. The downside momentum persists but nears critical support, indicating potential for a short-term bounce or liquidity hunt below recent lows before any reversal. Resistance is observed near 0.1871, where bearish rejection would confirm continued downside. Support lies close to 0.1814, the latest swing low, which if decisively breached, may trigger a stop-hunt scenario. A sustained break above 0.1871 would weaken bearish pressure and open the path toward 0.1937. Until then, expect choppy action with a bias to the downside. Patience for clear signals is advised.
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