ZEC Analysis



After a strong push higher on the hourly chart, ZEC met resistance and dropped under pressure. Long positions saw concentrated profit-taking. With trading volume quickly contracting and the indicators turning, upside momentum has been exhausted. In the short term, ZEC has entered a high-level sideways consolidation and recovery phase; in terms of execution, you should prioritize avoiding the risk of chasing prices higher.

Trading idea: 425-440🈳, target 400-350.$BTC $GT $ETH #WCTC交易王PK
BTC0.55%
GT-0.67%
ETH-0.74%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin