Markets· ★★· bearish· October 15, 05:10

ZEC drops 6.27% to $1,135 on macro pressure and crypto liquidations

—ZEC trades at $1,135.52, down 6.27% on the day
—Price sits below SMA-5, SMA-10, SMA-20 and 6.25% under VWAP
—Daily volume of $1.11 billion is 14.37% below the 30-day average
—RSI at 40.8 and stochastic at 4.6% signal weakness without a confirmed reversal

Why it matters: ZEC holds above its SMA-90 and SMA-200, but 123% annualized volatility raises the risk of further downside if supports break.