Markets· ★★· bearish·

ZEC at $1,314: weak volume casts doubt on the rebound

  • —ZEC trades at $1,314.38, below SMA-5 ($1,320.46) and SMA-7 ($1,347.32)
  • —Daily volume of $821.2 million is 42.45% below the 30-day average
  • —RSI at 49.2 and a bearish MACD show no confirmed reversal
  • —Annualized volatility of 121.1% raises the risk of sharp moves
Why it matters: Thin volume makes ZEC's rebound unconvincing; without stronger buyer participation, price could retest support at $1,292.80.
#ZEC
Source: DiarioBitcoin
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