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H Digital Trader
$ZEC continues to struggle despite positive catalysts like ETF filings and the Nu7 upgrade. The market may have already priced in the good news.
Price is below key short-term averages, momentum is weakening, and repeated rebounds are losing volume. The $1,695 area remains major resistance.
If support fails, another downside move could follow. Shorts below $1,000 may finally get a chance to exit. 📉
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#SepFOMCMinutesHikeWatch
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