· EMA(9) below EMA(20/21) → Short-term downtrend · Support tested near 0.01880 · Resistance near 0.02000
🎯 What to Watch:
· RSI near oversold → possible bounce zone · MACD shows momentum cooling · Volume steady, not spiking 📉
💬 Trading View: Looks like consolidation after recent dip.Keep an eye on the 0.0190 – 0.0200 range for next directional move. Not financial advice—always DYOR!
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This looks like a clean rejection from a key resistance zone. Price pushed up toward 455–456 but failed to hold, and now it’s hovering around 445, right on a critical decision area.
📌 Structure Breakdown:
Strong rejection from the 455–456 ceiling
Price consolidating near 445 support
EMAs are flat ➜ indecision / compression
RSI around 50 ➜ no strength yet, momentum is neutral
Volume declining ➜ waiting for the next move
⚔️ The Battle Plan:
Hold above 445 ➜ possible relief bounce toward 452 → 456
Lose 445 decisively ➜ sellers take control
💥 Short Idea (Aggressive):
Entry: Confirmed break & close below 445
Targets:
🎯 432 (first support)
🎯 420 (strong demand zone)
Invalidation: Strong reclaim above 452
⚠️ Risk Note: #zec : it is already moved hard earlier, so a sharp bounce is always possible. Wait for confirmation, don’t front-run the breakdown.
$ZEC
📊 Market is at a make-or-break zone — patience here pays.
$ZEC has been heavily rejected from the major resistance near 718 and is now struggling just above the crucial support floor at 332.
· Immediate Support: 332 (must hold for any relief bounce) · Next Support if Broken: 314 · Near-Term Resistance: 367
Momentum & Indicators
· RSI(6) at 33.86 and RSI(14) at 38.08 — both in bearish territory, not yet oversold. · MACD histogram negative at -0.77, with DIF below DEA, confirming bearish momentum. · Price trading below all key EMAs (9, 20, 21), signaling continued selling pressure. · Volume below MA(5) suggests weakening momentum in the current move.
Scenario Outlook
1. If 332 holds: Expect a potential bounce toward 367. 2. If 332 breaks: Look for a fast move down to 314, with further downside possible.
Trade Consideration Preparing for a short entry on a confirmed break and close below332, targeting 314. Stop loss above 345 to avoid fakeouts. Given the extended downtrend, any bounce toward 367 could also offer a secondary shorting opportunity.