ZEC (7.2)


At present, ZEC’s current price has reached the vicinity of the prior high at 428. After a short-term push higher, the upward momentum is clearly insufficient.
From the 1-hour chart, the buyer-side force is gradually decreasing. The MACD indicator’s red histogram continues to shrink, and the buyer-side energy is steadily weakening; meanwhile, the KDJ indicator turns downward, and buyer-side signals begin to appear.
Price is under pressure from the MA7 moving average overhead. Multiple attempts have not enabled an effective breakout; the upside lacks strength. At this stage, the buyer-side momentum is gradually being released. In the short term, be alert to the risk of a pullback.

Recommendation
Sell 421–428, target 409–402.
ETH0.42%
GT1.04%
BTC1.29%
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