$ZEC $ZEC $ZEC

ZEC/USDT Analysis: A Bearish Outlook

The ZEC/USDT pair is currently trading at $33.53, down by 6.91% in the last 24 hours. The chart shows a clear bearish trend with a strong downward momentum.

Key Support and Resistance:

* Support: $33.34, $33.27

* Resistance: $34.28, $34.79

Entry Strategy:

Consider a short position if the price breaks below $33.34. Place a stop-loss above the recent high.

Technical Indicators:

* MACD: Bearish crossover

* RSI: Below 50, indicating bearish momentum

Overall Outlook: Bearish, with potential for further downside. However, keep an eye on the market for any signs of reversal.

Disclaimer: This is not financial advice. Do your own research.

#TetherUnderInvestigation #USJoblessClaimsDip #BTCETFDemandSurge #BTC67KRebound #Write2Earn!