#zec this post is important for zec Holder's
đš ZEC/USDT â Breakdown or Bounce?
ZEC is currently trading around $255, sitting right above a critical support zone at $250.
After a strong rejection from the $300â$320 resistance, the market structure has shifted bearish with clear lower highs & lower lows on the 1H timeframe.
đ Key Level to Watch: $250
If we get a clean 1H close below $248â$250 with strong volume, the next targets could be:
âĄïž $235â$240
âĄïž $210
âĄïž And potentially $200 if selling pressure continues.
However, if $250 holds and buyers step in, we could see a relief bounce toward:
âŹïž $270â$280 zone.
Right now, momentum is favoring the bears. The next few candles will decide the direction.
đ What do you think?
Breakdown below $250 or bounce from support?