ZEC Market Analysis: News Game, Key Support Becomes the Focus
News: Bullish and Bearish Factors Intertwined
Positive Factors:
Institutional Buying: The Nasdaq-listed company Reliance Global Group has centralized its digital asset treasury in ZEC and made additional cash investments, reflecting institutional recognition of ZEC's long-term value.
Unique Value: ZEC# based on the Bitcoin architecture, provides optional privacy and selective disclosure features, which institutions consider compliant and with long-term potential.
Negative Risks:
Regulatory Uncertainty: Privacy coins may face stricter regulatory scrutiny, which is a potential risk for holding ZEC.
Market Speculation Concerns: Some analysts warn that the recent speculation around ZEC may involve a “pump and dump” risk, which requires caution.
💡 Summary and Strategy Reference
Overall, the support area around 455-456 USD is quite critical for ZEC. If it stabilizes in this area, it may test the 480-500 USD range in the short term; conversely, if it breaks the support with volume, further retracement risks need to be monitored.
Operational Strategy Recommendations
Buying Strategy:
Entry Area: 455-456 USD
Stop Loss Price: Below 450 USD
Target Price: 480-490 USD
Selling Strategy:
Entry Area: 485-495 USD
Stop Loss Price: Above 505 USD
Target Price: 465-475 USD$ZEC
