$ZEC is forming a short-term base after a volatile pullback, setting up a potential mean-reversion bounce from demand
On the 30m chart, price swept liquidity near 232 and is stabilizing while EMAs are flattening; repeated rejections below 245 suggest range conditions, but selling momentum is weakening near prior support.
LONG 233.5 - 236.0
TP1 239.5, TP2 243.0, TP3 246.0
🛑 Stop Loss 229.8
This is a range-play bounce; upside valid while holding above 232 support, but failure below invalidates quickly and favors further downside.
Trade ZEC👇
ZECUSDT
Perp
296.57
-0.64%