Zcash Price Confirms 34% Breakdown — Bear Trap Ahead?
Zcash has officially confirmed a bearish breakdown. The price lost a major long-term trendline and activated a technical pattern that points to a potential 34% downside move. Under normal conditions, that kind of confirmation attracts aggressive sellers. Instead, the opposite happened. Large holders stepped in, exchange balances dropped sharply, all while the leverage positioning became...
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