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6.8 Afternoon ZEC Intraday Market Analysis Poetry Yuan's Viewpoint
Bullish dominance, MACD red bars are shortening but momentum remains.
Preliminary forecast: Most likely to rebound after oscillating between 425-435; if BTC plunges, then retest 410-415.
Trading suggestions:
1. Watch the support zone at 425-428 for entry, stop loss below 418, take profit at 445 and 455-460.
2. Enter again when the 4H candle stabilizes above 447, target 460-465.
Risk warning
Keep an eye on Bitcoin's trend and trading volume, a decrease in volume during a pullback is healthy, a volume drop during a decline indicates a need to stop long positions. The strong get stronger, do not blindly chase the top. $BTC $ETH $ZEC