Zcash is undergoing a moderate correction after a bullish impulse 📉. The price is around $513 on Binance and may seek important support levels.
*Technical Analysis:*
- The RSI (14) shows signs of overbought and is correcting towards more neutral levels
- The VWAP is near $480 and is a dynamic support level
- The area of highest volume concentration is around $440
*Levels to Monitor:*
- Support: $480 (VWAP) and $440
- Resistance: $528 (recent high)
$ZEC
ZEC
229.54
-4.05%