ZEC/USDT on the 4-hour frame

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📌 First: Moving Averages (EMA)

EMA7 = Current highest price → Price is below the short average

EMA25 and EMA99 above the price → General trend is bearish

The price is attempting to rise to test a resistance area at 532–540

📉 The general trend is still negative until the moving averages are breached upwards consistently.

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📌 Second: Momentum Indicators

Indicator Reading What does it mean?

RSI = 60.34 Good momentum, not overbought Possible short-term upward continuation

Stoch RSI = 72 Close to overbought Upward movement is starting to weaken

MACD = Slightly positive Beginning of a bullish reversal Needs confirmation

🔹 Momentum is positive but not strong enough to break the significant downward trend.

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📌 Important Levels on the Chart

Strong support: 470 – 480

Current resistance: 526 – 535 (the price is testing it now)

Higher resistance: 560 then 600

If the price closes above 535 for at least two 4-hour candles

→ Short-term buy signal towards 560–585

If it fails and remains below 526 → Return to decline towards 500 then 480

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📌 Summary

General trend 🔻 (Bearish)

But there is an attempt to rebound 🔼 in the short frame

My technical advice:

Decision When? Target Stop Loss

Medium risk buy If it breaches 535 consistently 560–585 520

Sell (safer) If it fails at 526–535 500 then 480 545