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5.11 ZEC Analysis
Current ZEC price is 571.65, the one-hour Bollinger Bands are opening downward, and the price has broken below the middle band at 581.72. The middle band has now turned into strong resistance, with support at the lower band at 561.96. The KDJ indicator's three lines are running at low levels, with the J value at 7.41 in the oversold zone. There is a short-term technical rebound demand, but the rebound is likely to be suppressed by the middle band. Volume is increasing during the decline, and volume is decreasing during the rebound.
Trading suggestion: 600-650 range, target 570-530. Medium to long-term view around 500. $BTC $GT $ETH #Gate广场五月交易分享