ZEC is trading around 455 after rejecting the 468 zone, and the chart shows a market that is trying to stabilise but still lacks strong momentum. The sell wick at 468.90 reveals clear profit taking from larger players, and the follow up candles show liquidity thinning out each time price moves above 456. Buyers are active, but not aggressive enough to reclaim the short term trend.
Price is currently sitting near the MA5 and MA10 zone, which are flat and signalling indecision. MA30 is slightly above price, which usually means the short term trend is neutral to mildly bearish until the moving averages flip upward. Liquidity behaviour shows repeated absorption below 450, which suggests whales are protecting that zone. The spike down to 444.70 was quickly reclaimed, showing forced liquidations rather than structural breakdown. Momentum is soft but stabilising. MACD is flat, showing no strong directional pressure, while volume is heavier on green candles than red ones in the last rotation. That tells us buyers are still positioned, but holding cautiously until a cleaner breakout forms.
Key levels to watch Support 450 and 445 Resistance 460 and the liquidity wall at 468 A break and close above 460 would shift momentum into a short term bullish rotation. Failure to hold 450 would reopen a move back toward 445 liquidity.
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ZEC is trading around 455 after rejecting the 468 zone, and the chart shows a market that is trying to stabilise but still lacks strong momentum. The sell wick at 468.90 reveals clear profit taking from larger players, and the follow up candles show liquidity thinning out each time price moves above 456. Buyers are active, but not aggressive enough to reclaim the short term trend.
Price is currently sitting near the MA5 and MA10 zone, which are flat and signalling indecision. MA30 is slightly above price, which usually means the short term trend is neutral to mildly bearish until the moving averages flip upward. Liquidity behaviour shows repeated absorption below 450, which suggests whales are protecting that zone. The spike down to 444.70 was quickly reclaimed, showing forced liquidations rather than structural breakdown.
Momentum is soft but stabilising. MACD is flat, showing no strong directional pressure, while volume is heavier on green candles than red ones in the last rotation. That tells us buyers are still positioned, but holding cautiously until a cleaner breakout forms.
Key levels to watch Support 450 and 445 Resistance 460 and the liquidity wall at 468
A break and close above 460 would shift momentum into a short term bullish rotation. Failure to hold 450 would reopen a move back toward 445 liquidity.
Trade setup TP 462 then 468 SL 448
My take This is a neutral to slightly bullish structure with upside potential if buyers reclaim 460. As always, this is just my view. Do your own research.
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