Looking at the recent price action, $ZEC /USDT typically moves around 0.8 to 1.5. Currently at 42.88. 🤔 Considering the recent downward trend and the price currently testing a support level, the highest probability move in the immediate short term, if a break occurs, might be downwards.
$ZEC /USDT Report (Short Term - Hourly Chart - Highest Probability Move):
* Current Price: 42.88
* Break (Highest Probability): 42.70 (Down) ⬇️
* Potential Bearish Target: 42.30, 41.90 🎯
* Key Support: 42.70 💪
* Key Resistance: 43.30 🚧
* Overall Bias (Short Term - Hourly): Slightly bearish in the immediate term if the support breaks. 📉
Highest Probability Going Move (if a break occurs): DOWN #ZEC #Zcash #Crypto #BinanceAirdropNXPC
What are your thoughts on this chart? 🤔 The next random cryptocurrency is: $AAVE /USDT.