Price action on $ZEC is beginning to highlight the zones where the next meaningful reaction could occur.
Two Fibonacci tools are used on this chart: a trend-based fib (white) and a classic swing fib (yellow) drawn from the major low to the major high. At this stage, the swing fib carries more significance, as it tends to sync better with higher-timeframe structure when the market starts to rotate.
The key areas of interest are where Fibonacci levels overlap with higher-timeframe support. These overlaps often mark decision zones, where price may pause, get absorbed by buyers, or attempt a short-term recovery.
Deeper Fibonacci levels only matter if structure weakens further. Rather than forecasting exact price levels, this analysis focuses on identifying probable reaction zones if selling pressure continues or if the market begins to stabilize.
ZECUSDT
Perp
218.76
-20.28%