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Gate Square New & Returning Creator Rewards are ongoing!
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$ZEC update
Price has reached the lower boundary of the highlighted range.
After covering almost the entire December range within the first two weeks of the new year, momentum is slowing.
Weekly candle prints a clear red body, increasing the probability of a further downside move.
Market sentiment currently favors a continuation lower.
Scenario to watch:
A possible fake breakout above the December 2025 open price (427.99), followed by a rejection.
Plan:
Considering a small speculative long with tight risk control.
Targets: partial scaling at key Fibonacci retracement levels of the previous downward leg.
#GateSquareCreatorNewYearIncentives #ZEC