$ZEC at a decision zone
⚖️
Price around 240.9 after a steady push earlier, but momentum has cooled and structure is starting to compress.
What stands out:
• Price drifting back toward the rising MA
• Recent highs not expanding → upside slowing
• Volume spikes mostly on red candles during pullbacks
• Order book heavier on the ask side → sellers leaning
This isn’t aggressive selling yet, but it is showing signs of short-term exhaustion after the move.
Key levels:
🔹 Support: 239.5 – 240.0 (MA + local structure)
🔹 Lose that → quick slide toward 237.8 – 238.5
🔹 Resistance: 243 – 245 (recent rejection zone)
Right now this looks like pullback or consolidation phase, not clean continuation. Bulls need a strong reclaim of 243+ with volume to reopen momentum.
Otherwise, this turns into a range and late longs get trapped.
Best trades here usually come from: ✔ Support reaction plays
✔ Or confirmed breakout above resistance
Middle of the range = worst R/R.
ZEC isn’t breaking yet — but it’s testing balance.
#ZEC #CryptoTrading #PriceActionHype
