Current Market Snapshot (today):
$ZEC has been volatile, breaking important supports recently with sharp moves (e.g., dropping ~18% in 24 h and breaking key levels) before attempting rebounds.
Long-term models (CoinCodex) revised year-end targets up to ~$800 after a strong surge past $500, but short-term volatility remains high.
🧠 Technical Signals:
Bullish signs: Price holding above medium-term levels and forming higher lows in some data, with key resistances now at ~$375–$390.
Bearish pressure: Breaks of support around $400–$420 and classic reversal patterns (e.g., head-and-shoulders) signal downside risk and potential deeper corrections.
Indicators like RSI/MACD show mixed momentum — possible short-term pullbacks even in a broader uptrend. #MarketCorrection #WhenWillBTCRebound #BitcoinETFWatch #zec #ZECUSDT