ZEC/USDT PERP – Market at a Decision Zone 📊
$ZEC is trading near $228, consolidating after a strong decline from the $400 region. On the 4H timeframe, price is compressing between $220 support and $240 resistance, forming a tight range structure. This type of consolidation typically signals that a volatility expansion is approaching. The market is currently balanced, but pressure is building for a decisive move.
A confirmed breakout above $240 could open upside targets at $268 and potentially $315 in extension. On the downside, losing $220 may trigger a drop toward $200, with $184 remaining the key demand zone. Traders should wait for a strong breakout with volume confirmation before positioning, as the next move could be sharp in either direction.
📌 Not financial advice. Trade with proper risk management.
Disclaimer: I am not your financial advisor.
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