7.22 ZEC Today’s Silk Road:


Today is bullish for ZEC’s range-bound movement ↑. On the news front, attention in the privacy track continues to rebound, alongside ongoing expectations for network upgrade still gaining momentum. “Purple-gold” privacy coins continue to strengthen support, providing narrative backing for Xiao Z. Big dip and big pie stabilize in the short term; market risk appetite has been somewhat restored, which is favorable for altcoins.
Technically, Xiao Z’s earlier pullback was sufficient; Gege keeps the key support range, and downward momentum gradually exhausts. Four-hour-level indicators are gradually turning around; short-term absorption strength is relatively strong, and there are clear signs of short-term “purple-gold” entry. Currently, it is in a range-bound bottoming stage; the head has accumulated enough power and the conditions for a rebound are in place.
In terms of trading, it is recommended to buy dips and place orders in the support area.
Suggestion: buy near 525-510
Target: 555-570
ZEC-4.36%
BTC-1.86%
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