$ZEC Is the market about to change? The bears are rushing to exit, and the bulls are preparing for a counterattack!

“Markets are always born out of despair!” Family members, Bai Yue will help you understand the current crazy situation of ZEC!

Looking at the one-hour chart, ZEC just climbed up from 432 and is now resting around 440. Although it previously fell sharply, the indicators are now flashing a “oversold” red light, indicating that the short-term decline is exhausted, and a rebound is imminent! Looking at the capital flow and liquidation chart, it’s like a “battle of the gods”! Above, there’s heavy resistance at 460-480, with a bunch of short orders, and once it rises above, it could trigger a chain of liquidations. Smart money data shows that although the bulls are losing money, the shorts are suffering even more, with 75% trapped! What does this mean? It means the bears are about to give in!

Bai Yue’s trading advice: Long positions: around 440-442, target near 458; Short positions: around 458-460

Currently, the market is in an extremely competitive equilibrium. The vacuum period of news allows technical analysis to dominate short-term trends. The 432 level below is the last line of defense for the bulls, and 460 above is the first barrier for the bears.

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