7.22 ZEC Today’s Silk Road:

Today looks bullish for ZEC to trade in a range with an upward bias. On the news side, attention in the privacy track continues to rebound; combined with ongoing momentum behind expectations for the network upgrade that keeps intensifying, the accumulated “Zijin” continues to provide support for privacy coins, giving Xiao Z narrative backing. The big pancake and the big pie have stopped falling and stabilized in the short term; the market’s risk appetite has recovered somewhat, which is favorable for alternative coins to counter the downturn.
Technically speaking, Xiao Z’s earlier pullback was sufficient; the key support zone is being held, and the downward momentum is gradually running out of steam. Indicators on the four-hour timeframe are starting to turn; short-term follow-through strength is relatively solid, and there are clear signs of “Zijin” entering the market in the short term. It is currently in a ranging and base-building phase; the bulls have been stockpiling energy and conditions are in place for a counter-trend rally.
On the trading side, it is recommended to pull back to the support area and place buy orders for Xiao Z.
Suggestion: buy near 525-510. Target: 555-570 near.