$ZEC From a 1-hour timeframe, after the price surged to 642.87, there was a clear increase in volume followed by stagnation, indicating a typical "false breakout" and a trap for buyers. The bullish momentum has already exhausted.


Entry zone: around 635-637, gradually build short positions.
First target: 627 (retracement to previous high support level)
Second target: 618 (lower boundary of the central range)
Stop-loss: 644.0 (if the price effectively breaks above this high, abandon the short position logic). Volume below also shrinks, and there is no sustained capital inflow during the rise, making this correction highly certain.
ZEC3.21%
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TheElephantSitsOnThe
· 12h ago
This thing is a bit illogical.
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BelieveThatLightWillBring
· 12h ago
Can I take a break now?
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