$ZEC has been clinging on to the $500 zone, but everything about this structure screams exhaustion.
The rallies are getting weaker, liquidity is drying up, and buyers simply aren’t showing any conviction anymore.
When a token starts moving like this near major psychological levels, it usually means one thing a breakdown is coming.
Once ZEC loses its current support, the free-fall scenario becomes very real. There’s barely any demand stacked below, and the chart has a straight vertical gap all the way down to its historical demand zone around $50.
That’s a brutal 90% wipeout, but the market doesn’t care about feelings only liquidity.
If sentiment stays this weak and sellers continue to dominate, the question won’t be if ZEC touches $50… it’ll be how quickly it gets there.
Stay Alert on this one coin.
ZECUSDT
Perp
516.21
-2.19%
DASHUSDT
Perp
57.81
+1.90%