🚨 $ZEC DUMP ALERT: NEXT MAJOR SUPPORT LEVEL IDENTIFIED!
This bearish target is crucial. We are watching $232 closely.
The $232 level remains valid ONLY if price stays below $321. A confirmed break above $321 invalidates this entire bearish setup.
Why $232 matters:
• Strong confluence with the 50% Monthly Fibonacci Retracement (near $234).
• Aligns perfectly with a major demand zone established after the drop from $330-$301.
This is structural value, not a random number. Prepare for the bounce zone. 📉
#ZEC #CryptoAnalysis #BearishCase #SupportZone 📉