Ever wondered why the most "secure" coins are the ones bleeding the hardest today?

$ZEC ‌ is in a tough spot. We just watched it slide from 304 all the way down to 253 in a single day. That's a nasty drop. Right now, it’s trying to consolidate around the 259 level, but the candles are looking pretty tired.
The local support is sitting right at that 253 low we hit earlier. If the bulls can't keep it above that, we might be looking at a much deeper correction. On the flip side, 262 is acting like a stubborn ceiling. Every time it pokes its head up there, someone is waiting to sell it back down.
Volume is thinning out which usually means a big move is coming. I'm staying on the sidelines for this one until I see a clear break above 270 or a solid double bottom form.
Trading privacy coins is always a roller coaster, but this drop feels like it’s not done yet.

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