$ZEC Follow Like 🚨 🚨 $ZEC / USDT – Strong rebound after a sharp bottom
After touching the area of $184 Momentum has completely reversed… And the price surged strongly to $245 📈
📊 Technical picture: • Clear bottom formation at $184 • Positive crossover of short-term averages • High buying momentum (RSI above 70 🔥) • Recovery of lost liquidity areas
🎯 Upcoming levels: $250 – Nearby resistance $272 – Important supply area $289 – Potential previous peak
⚠️ Alert: RSI in overbought territory Any failure below $238 Could cause a quick correction before continuing to rise.
💡 The market does not give two opportunities… The bottom was made quietly… and the launch has begun.
Global markets are experiencing a clear wave of risk aversion, amid weaker-than-expected U.S. economic data and disappointing results from several tech giants, prompting investors to reduce their positions and seek liquidity.$BTC On Wall Street, the indices fell for the second consecutive day, with the Russell 2000 small-cap index leading the losses, while the Nasdaq 100 approached similar declines. In contrast, the S&P 500 and Dow Jones showed relative resilience, but they remain under clear pressure.
📉 Bitcoin at $66,500… Are we facing a historical bottom or the beginning of a deeper wave?
$BTC The price of Bitcoin is approaching the $66,500 area, which is a sensitive technical support zone that intersects with the peaks of the bullish market in 2021. Historically, this level is considered a critical testing area between the continuation of the long-term bullish trend or a shift to a deeper correction. The technical indicator RSI on the daily timeframe records a reading of 18, which is a very rare oversold area, only seen in exceptional moments like the March 2020 crash and the events of November 2023. Typically, these readings reflect a state of panic in the market more than a fair pricing of value.
The price dropped sharply from $106 to a low of $67 And now it is trading around $77
📉 General trend: Clearly bearish All moving averages are above the price = Continuous selling pressure RSI is in oversold areas (especially on the larger timeframe)
📌 Key levels:
🔹 Strong support: $67 🔹 Breaking $67 = Probability of visiting $60–58
🔸 Nearby resistance: $82–85 🔸 Breaking it opens a bounce to $90
Currently what is happening = Technical bounce within a bearish trend No real reversal unless $90 is broken firmly
🎯 The market now for smart followers Don't chase the candle… Stay with the trend
The general trend is clearly downward The price is below all moving averages (7 / 25 / 99) And momentum is still negative despite the slight bounce from 1736
📉 Trend: Downward 📊 RSI bounced from overbought areas but without a real reversal
🔴 Resistance: ▫️ 2,000 – 2,050 ▫️ 2,200 Critical area
🟢 Support: ▫️ 1,736 Last bottom ▫️ Breaking it opens the way to lower areas
What is happening currently is just a bounce within a downward trend There is no structural change… except with a strong close above 2,050
Bitcoin is in a very critical area after a violent drop and breaking important averages. The momentum is negative, but we are approaching a decision area.
📉 Current Situation • General Trend: Bearish • Clear break of the MA 25 and MA 99 • RSI in strong oversold areas → Possibility of a technical rebound is present
🎯 Scenarios • Staying above 59.8K ➜ Possible corrective rebound • Breaking 59.8K with a close ➜ Continuation of the drop towards 56K then 54K • No confirmation of reversal unless recovering 72K steadily
⚠️ Summary The market is now a liquidity area and stop hunting No rush... Real opportunities appear after the trend becomes clear 👀
📌 Capital management first 📌 No blind long and no delayed short 📌 Watch the close, not the one