ZEC's rapid rise stalls again! Above 428 becomes a "trap zone," with a clear intraday pullback rhythm

Current Price: 428.2

First, the conclusion: ZEC is currently in the stage of declining momentum after a surge, with obvious resistance above. In the short term, a “loss of momentum → transition to decline” structure has already appeared, and intra-day it is more inclined to oscillate downward.

  1. 4-hour timeframe: Resistance at high levels, structure leaning weak

Failed to form an effective breakout near 440 on the upward push Highs gradually decline, trend shows poor continuity MACD at high levels is losing momentum, red bars are shortening Bollinger Band upper band is flattening, price is returning to the middle band

Core judgment: The 4-hour chart is entering a high-level consolidation phase leaning bearish

  1. 1-hour timeframe: Fake breakout + decline structure confirmed

Quick pullback after short-term surge Repeated rebounds are resisted in the 430-435 range Moving averages are beginning to flatten and turn downward MACD enters a bearish zone

Short-term rhythm: Failed to break higher → sideways consolidation → prone to decline

Direction: Short (market order to open position)

Entry Price: 428.2

Take Profit:

First Take Profit: 423.9

Second Take Profit: 419.6

Stop Loss:

Stop Loss Level: 434.6

ZEC-0.19%
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