ZECUSDT breaks a minor upward trend line - Analysis - 09-01-2025

The price of ZECUSDT continued to decline during its recent trading at the moment levels, amid continued negative pressure due to its trading below its previous 50-day simple moving average, in addition to the occurrence of negative signals on the relative strength indicators, despite reaching areas of severe saturation with selling operations, so that the price broke with its recent decline the support of a minor upward trend line in the short term, which doubles the negative pressures on the currency's upcoming trading.

Therefore, we expect the currency's price to decline further during its upcoming trading, as long as it stabilizes below the resistance level of $55.08, targeting the first support levels at $45.39 in preparation for breaking it.

Expected direction for upcoming trading: Downward $ZEC