ZEC keeps sliding just like we called it. Right now it's testing that 30-day moving average around the 492 zone. Watch out though - if it cracks the neckline support sitting at 425, things could get ugly fast. We might see a brutal drop all the way down to 242 if the broader crypto market decides to take another dive. That's the risk zone we're looking at here.
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GasFeeLady
· 11-25 10:25
ngl watching zec bleed out rn is giving major flashbacks to that brutal 2018 cascade... if 425 snaps, honestly might be the perfect entry window for degens who got the nerve
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MoneyBurner
· 11-22 19:43
If that defense line at 425 is broken, I have to quickly Close Position, I don't want to be trapped at 242 for retirement.
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LiquidationOracle
· 11-22 10:51
425 is the real explosion point, the line at 242 is simply a nightmare.
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SnapshotDayLaborer
· 11-22 10:42
If the key line of 425 breaks, it's over; it feels like it's going to fall to 242.
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TokenRationEater
· 11-22 10:40
If 425 breaks, we'll be in trouble; 242 may not be a dream.
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CafeMinor
· 11-22 10:39
This downward move in ZEC was indeed predicted correctly. If 425 is broken, you really need to be careful.
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ZKSherlock
· 11-22 10:37
actually... this reads like classic price action theater without unpacking the trust assumptions underneath. 242 support sounds neat on a chart but what's the *information theoretic* justification? 🤔
ZEC keeps sliding just like we called it. Right now it's testing that 30-day moving average around the 492 zone. Watch out though - if it cracks the neckline support sitting at 425, things could get ugly fast. We might see a brutal drop all the way down to 242 if the broader crypto market decides to take another dive. That's the risk zone we're looking at here.