$ZEC 1D β€” Macro Downtrend Approaching Major Support

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$ZEC 1D β€” Macro Downtrend Approaching Major SupportZECUSDT Perpetual ContractBYBIT:ZECUSDT.PLeo524 πŸ“ŒOn the daily timeframe, ZEC has experienced a massive dump from $700 to $200 over the past year, consistently rejecting the descending trendline and forming clear lower highs (LH) and lower lows (LL), confirming the correction is still active βœ… πŸ“ŒThe broader 1D structure remains bearish, with no confirmed reversal pattern and continued pressure from the long-term downtrend resistance βœ… πŸ“ŒOn the 4H timeframe, the trend is still pointing downward, with weak structure and no bullish breakout formation visible yet βœ… πŸ“ŒRSI is not deeply oversold, meaning there is still room for further downside before a strong bounce setup becomes likely βœ… πŸ“ŒKey condition: Price must hold the green support zone between $120–$90 to avoid deeper continuation; lose support = extended downside risk, hold support = potential relief bounce setup πŸ”₯πŸ“‰πŸ“ˆ