$ZEC is sitting on a very important support zone around 550 👀
ZECUSDT
Trvl
608.43
-1.72%
If you look closely at the chart, the support line is clearly holding strong. Also, the trendline from the beginning has only been touched once so far — and usually, major trendlines tend to weaken or break after the 3rd touch.
Yesterday, most traders were calling for 640 📈
But my view was different… I expected a pullback instead, and the market started moving down exactly from there.
Right now, 550 is the key level to watch.
If it holds, we could see a strong reaction bounce ⚡
Always manage risk and do your own research. Not financial advice.