$ZEC Sitting On Trendline Support 👀 Zcash has bled from the 1,377 highs and is now testing the rising trendline that's held since late October. 🔴 1,377 🔴 1,328 🔴 1,281 (descending trendline) 🔴 1,218 🟢 1,147 (now) 🟢 1,143 (rising trendline) 🟢 1,061 - 1,047 demand zone My read: hold the trendline and a bounce into 1,218 is on the cards. That's the first level to reclaim. The risk: a 4h close under 1,143 opens the door to the 1,061 - 1,047 zone. Bounce or breakdown? 👇 NFA #ZEC #Crypto
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