$ZEC Urgent update

ZEC

405.24

-1.62%

/ETH is currently in a short-term bullish recovery, where the price is trading at 0.13682 and has seen a strong move of +4.23% in 24 hours. The price is above MA(7) 0.13150 and MA(25) 0.13085, confirming the short-term strength of buyers, but MA(99) 0.13937 is currently acting as overhead resistance. Immediate resistance is in the 0.139–0.141 zone; if this area breaks, the next upside could be possible up to 0.143–0.145. Supports are at 0.132–0.131, while a stronger base is present in the 0.128–0.126 zone. As long as the price holds above 0.132, the bullish bias will remain, but a short-term pullback may also be seen if there is a rejection near 0.139.