$ZEC
ZECUSDT
Perp
396.02
+11.72%
USDT Update โ Heavy Dip, Small Bounce
ZEC just printed a -10.7% drop, sliding from the 24h high of 409 all the way down to 346, before showing a small relief bounce to 353.
๐ What the chart shows (15m):
โข Strong selling pressure with repeated red candles
โข Buyers stepped in near the 346โ348 support zone
โข MA(5) still below MA(10) โ short-term trend remains bearish
โข Volume spikes during sell-offs indicate panic exits, not trend reversal
๐ Market sentiment:
Today: -5.08%
7D: -22.74%
30D: -26.29%
Short-term bounce possible, but momentum is still weak.
If bulls donโt reclaim 360+, we may revisit the lower support zone.
โ ๏ธ As always: volatility high, manage risk carefully.