Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
ZEC/USDT 12H Technical Analysis
Looking at the 12-hour chart, ZEC continues to face downward pressure without significant bullish momentum. The price structure tells a clear story: what appeared to be a corrective bounce formed an upward channel, but this recovery lacked conviction.
The key turning point came when bears reasserted control. The latest impulse wave broke through the short-term support that defined the recent uptrend, signaling renewed weakness. With the overall market structure firmly tilted to the downside and no clear signs of higher lows forming, the technical setup remains bearish.
This breakdown suggests sellers remain in command. Until we see structural confirmation of a reversal—like higher lows and a break above key resistance—the path of least resistance points lower for ZEC. Traders watching this pair should remain cautious on upside attempts.