On the ZEC daily chart, a hammer candle has formed here—this suggests a shift in the market, but it doesn’t necessarily mean an uptrend. On the 4-hour chart, there are three consecutive bullish candles, but the momentum isn’t strong, and they all have upper and lower wicks. Here, it may be entering a period of sideways consolidation, and then continuing to decline. On the 1-hour chart, price broke below 492, and then rebounded, but it couldn’t break back above 492—so everyone shouldn’t go long. Since we haven’t seen a clear “downtrend is bottoming out” signal, everyone should stay on the sidelines. Overall, it’s still a bearish trend. The long setup would depend on whether price can break down past 460. If it can’t, then it’s more likely to just range and consolidate.