Last night, while monitoring the market, I noticed that $ZEC experienced a significant volume shift when testing the 420 key resistance level. Let me share my trading thoughts for today:
From a technical perspective, it is at a pivotal point between bullish and bearish. It has been consolidating for nearly a week, having quickly rebounded multiple times after probing down to 390, and the moving averages show a bullish arrangement, with consistent gains on the 2-hour chart...
The key resistance is at 420, and a successful breakthrough would target 450; meanwhile, the support below is at 390, and a break below that could lead to further declines.
Based on the above analysis:
Today, I entered a short position at the 400 level, starting with 10%;
Then, after probing down to 395, I added another 10%.
I set my stop loss at 413.
I also paid attention to the overall market, at which point $BTC had broken the 90,000 support level, which solidified my conviction.
Opportunities are for prepared minds; those who hesitate only lament: if only I had been more decisive back then... For those who agree with Uncle Hang's thoughts, below is 扫码进聊天室, guiding you to capture significant profits every day!
