On the outlier move: ZEC caught the biggest one-day drop in its group, down 5.19 percent, but it's still stuck in the same broad range. Current price is 1162.2$ with resistance up at 1196.2$ and support at 1110.3$. What shifts this? A…
ZEC caught the biggest one-day drop in its group, down 5.19 percent, but it's still stuck in the same broad range. Current price is 1162.2$ with resistance up at 1196.2$ and support at 1110.3$. What shifts this? A break under 1110.3$ opens up the downside, otherwise, expect the chop to continue. Funding is mildly positive, but open interest is fading, so conviction is dropping.
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