Is $ZEC ‌ about to flush even harder or are we finally at the bottom of this pit?


This 1h chart is looking pretty ugly honestly. We just broke straight through those support levels at 253 and 249 without much of a fight. Now we're sitting at 246.44 and the candles are barely showing any signs of life.
Volume is decent at 35.6M USDT but most of that is selling pressure. If we don't hold this 245.78 area, the next stop could get messy. The order book is a bit of a toss-up too, with sellers slightly leading at 51.97%.
I’m waiting to see if we can get a double bottom here or if this is just a pause before another drop. Definitely not a "buy the dip" moment for me until the bleeding actually stops.

#WhenisBestTimetoEntertheMarket
ZEC-6,46%
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