🔥💁$ZEC 🔥❣️
ZEC/USDT Market Depth Technical Scan (15min Cycle)
1. Price Action & Structure Analysis
Current Price: ZEC is currently quoted at 443.44 USDT, showing strong performance with an increase of +11.58%.
Swing High: The price once surged to 457.79 but then faced resistance and fell back, forming a short-term 'top' pressure zone.
Trend Qualitative: After experiencing a rapid rise earlier, it is currently in a high-level sideways consolidation phase. The K-line shows a slow downward shift in the center of gravity, testing the strength of the support below.
2. Moving Average Analysis #USJobsData 💁🔥
MA(7) Yellow Line (446.96) & MA(25) Purple Line (447.58): The short-term moving averages have formed a **'death cross'**, and the price is currently below these two moving averages. This signal suggests that short-term bullish momentum has temporarily weakened, and the market is entering a correction and repair phase.
MA(99) Purple Line (428.35): As a medium to long-term trend line, MA(99) still maintains an upward slope, indicating that the overall trend has not turned bearish, and this position is the core 'moat' for bulls during the day. #USNonFarmPayrollReport
3. Volume Profiles
Volume Surge: When touching near the high point of 457.79, there was a significant increase in trading volume, indicating that there are a lot of profit-taking orders in that area.
Volume Decline: The current downtrend shows a relative shrinkage in trading volume (Vol: 2,203.107), indicating that there has not been panic selling, but rather a natural pullback driven by bull profit-taking.
4. Pivot Levels
Immediate Resistance Zone: 448.00 - 450.00 (Area of dense moving average convergence and psychological level).
Swing Resistance Level: 457.79 (24-hour high point).
Short-term Support Level: 438.33 (previous consolidation platform low point).
Strong Support Zone: Around 428.00 (Location of MA99 trend line). #CPIWatch
💡 Advanced Trading Strategies (Tactical Recommendations)
🔵 Long Setup
Entry Logic: Wait for the price to pull back to around 428.00 - 430.00. If it stabilizes in this range (showing a long lower shadow or bullish engulfing), consider attempting to build positions in batches.
Target Levels: Look back at 447 and 457.
Stop Loss Reference: Effectively breaking below 425.