#ZECUSDT
Zcash ($ZEC) is experiencing a period of intense volatility and regulatory headwind as privacy coins are facing specific pressures that have pushed ZEC into a deep oversold zone.
š¢ BUY Setup
Traders looking for a mean-reversion play should watch the $250 psychological floor closely.
Entry: $245 ā $255
Target 1: $267 (200-day SMA retest)
Target 2: $300 (Major psychological resistance)
Stop Loss: $230
š“ SELL Setup
If the relief rally fails to reclaim the $270 level, the downtrend is likely to continue.
Entry: $265 ā $275
Target 1: $225 (Next major horizontal support)
Target 2: $195 (Fibonacci Extension target)
Stop Loss: $285
Trade $ZEC here š

ZECUSDT
Perp
232.98
-2.15%