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JUST AS EXPECTED, ZEC HAS OFFICIALLY LOST THE $500 LEVEL
The key $500 support has finally given way, and ZEC continues to face heavy selling pressure in today's session.
- Bears remain firmly in control.
- Every bounce is being met with fresh selling.
- Bullish momentum continues to weaken.
The loss of the $500 level is a significant blow to market sentiment and could open the door to lower liquidity zones.
- Selling pressure remains intense.
- Buyers are struggling to defend support.
- The market is still searching for a bottom.
For now, the bears are dominating the price action, and unless buyers step in aggressively, ZEC may continue its correction in the sessions ahead.
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$ZEC
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