$ZEC /USDT- Market Update & Analysis
ZEC is currently trading around the $250 zone after recent selling pressure. The market structure on lower timeframes remains slightly bearish to neutral, with momentum indicators suggesting sellers still have short-term control.
RSI is approaching oversold levels, which means a small bounce is possible. However, MACD and overall momentum still show weakness, so upside may remain limited unless strong buying volume enters the market.
Key Levels to Watch:
Support: $230 – $260
Resistance: $280 – $295
A strong breakout above $300 with volume could shift short-term momentum bullish.
Next Hours Outlook:
The most likely scenario for the next few hours is sideways to slightly bearish movement. A minor bounce toward the $270–$280 area is possible, but without strong volume, price may continue ranging or retest support.
Trade carefully, manage risk properly, and always wait for confirmation before entering positions.
This is not financial advice. Always do your own research.
