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ZEC Update – Momentum Shifting?
ZEC is trading around $239 after absorbing a wave of selling pressure. What’s catching attention now is the first green candle following the recent drop — a subtle but powerful sign that buyers are stepping back in.
The downside move showed clear weakness, but the reaction from the lower zone suggests demand is waking up. This isn’t confirmation of a full reversal yet — it’s the early heartbeat of a potential bounce.
Market Structure at a Glance:
Support Zone: $235 – $230
This is the key defensive area. If bulls continue defending this range, momentum could build steadily.
Resistance Zone: $245 – $252
A break and hold above $245 would shift sentiment more aggressively and could open the door for a stronger recovery phase.
Right now, the battle line is drawn around $235. As long as price sustains above this level, buyers remain in control of the short-term narrative. The next few candles will be critical — continuation brings confidence, hesitation brings volatility.
This could be the start of a meaningful bounce — or just a pause before the next move. Stay sharp. Watch the levels. Let price confirm the story.
#ZEC #Crypto #MarketUpdate #Bounce #Binance