I’m watching $ZEC after the sharp drop from the 245–250 region into the 211–215 zone. The selloff was strong, but price is now reacting instead of free-falling. They’re building strength here as buyers step in near the lows and downside momentum starts to fade.
Trade Setup
Entry Zone: 216 – 212
Target 1: 228
Target 2: 242
Stop Loss: 207
This zone is strong because it lines up with a clear reaction area where price previously bounced before the last impulsive push higher. It also represents a deep retracement of the broader upside move, which often attracts higher-timeframe buyers. The sharp rejection near 211.6 shows demand absorbing sell pressure rather than price slicing cleanly through support.
I’m watching how price behaves around this base — sellers are struggling to extend the move and bounces are forming quicker. If this level holds, a rotation back toward the mid-range becomes very realistic. This looks like stabilization after heavy distribution, and that’s usually where the next leg starts to build.
#WhenWillBTCRebound #WarshFedPolicyOutlook #ADPDataDisappoints
