Markets· ★★· bearish·

Zcash Falls 7% to $1,218 After Rejection at $1,292 Resistance

  • —ZEC lost 7.15% over 24 hours, trading at $1,217.78
  • —The breakout above $1,292 resistance failed as sellers stepped in
  • —The pullback followed a test of a dense support and resistance cluster
Why it matters: The failed breakout at $1,292 signals weak buyer conviction and raises the risk of a deeper ZEC pullback toward lower support levels.
#ZEC
Source: Coinotag
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