ZEC Short-term Monitoring: Key Levels Locked in, Pay Attention to This Signal!
From the hourly chart, ZEC's current trend is near a critical watershed. Intra-day support is at the 4.500 level, while resistance is mainly concentrated at several key price points: 4.00, 0.50, and 0.7500. Once the support at the bullish-bearish watershed is broken, the short-term rhythm may change.
From the volume structure, there are currently signs of 'volume contraction with price increase'—the price is rising, but the histogram below shows that trading volume has not increased in tandem, indicating that the momentum driving the price increase may not be sustainable, and caution is needed regarding the risk of pullback.
In terms of technical indicators, the auxiliary chart shows that 'the yellow and white lines are crossing above the 0 axis, along with a steady rise in trend', which is a common signal of a rebound from a low position, indicating that there is still upward momentum in the short term. However, it should be noted that the price is now close to the overbought zone (reference value around 88.8260.00), and further upward movement may face technical adjustment pressure.
Overall, ZEC is in a fluctuating structure with pressure above and support below at the hourly level. Before a significant breakout of key resistance occurs, the market is likely to maintain range-bound fluctuations. It is recommended that short-term traders look for buying opportunities near support, be cautious about taking profits in batches as they approach resistance, and strictly set defensive positions.
