29 minutes ago
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Key Takeaways
- ZEC trades near $861, down 7.9% intraday.
- 0.5 Fib near $972 and 100-day SMA lost.
- 0.618 Fib near $801 meets 200-day SMA $794.
- Daily RSI 29.2, lowest since June bottom.
On the Binance ZEC/USDT daily chart, the question is no longer which support breaks next. It is whether the one support that still stands, a moving average and a Fibonacci level stacked seven dollars apart, can absorb a market that has not printed a meaningful lower wick all week.
The week in lost levels
Earlier this week
0.382 Fib near $1,143
Earlier this week
100-day SMA $1,092
Friday close
0.5 Fib near $972
Saturday, candle open
Low $859 · Last $861
Binance ZEC/USDT, 1D. Saturday figures as of roughly seven hours before the daily close.
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