$ZEC

ZEC
423.92
-8.78%
/USDT – Short Technical Analysis (1H)
Trend: Short-term bearish. Strong rejection from 476.76, followed by sharp sell-off.
Price: ~434.6, trading below MA(7), MA(25), and MA(99) → bearish structure.
Momentum:
RSI ~16.6 → heavily oversold, selling pressure is extreme.
MACD negative (-3.03) with bearish crossover → downside momentum still active.
Support: 427–430 (recent low 427.52). A break below may open further downside.
Resistance: 445–450, then 457 (MA zoneBest option: 👉 Wait / Hold
Let price stabilize above 430–435 or show a reversal candle.
Safer buy would be after confirmation above 445–450.
If already holding, keep a tight stop below 427.#WriteToEarnUpgrade #CPIWatch #BTCVSGOLD
