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5.14 Jiang Yuheng | Midday ZEC Market Analysis
Currently, ZEC is experiencing weak fluctuations, with high volatility, overall retreat from highs, and a short-term bearish bias. The daily MACD remains in a bearish trend, the Bollinger Bands are opening downward, with decreasing volume on upward moves and increasing volume on declines, indicating a clear bearish pattern.
Key resistance: 530-542
Key support: 518-510-500
Trading suggestions:
It is recommended to rebound and consider short positions in the 55-542 range, targeting the 518-510-500 support levels. #Gate广场五月交易分享 $ZEC