🔥 $ZEC /USDT — Heavy Downtrend but Forming a Base, Bounce Possible from Oversold Zone
ZEC has been in a long, steady downtrend, but now price is flattening near 330–345, showing early signs of base-building. Sellers are losing momentum, and if buyers step in, a short-term bounce toward the moving averages becomes likely.
Entry Zone: 330 – 340
Support: 326 / 301
Resistance: 355 / 380
Targets: 350 • 362 • 378
Stop-Loss: 318
Strategy: Avoid chasing breakdowns. Let ZEC stabilize above 330 and form higher lows — that’s the safest bounce setup. A reclaim of 355 would confirm momentum returning.
Pro Tip: When long downtrends start going sideways, it often signals seller exhaustion. Wait for volume to rise slightly before entering — early confirmation makes the bounce stronger and safer.
ZEC
412.16
+22.93%