💥💥 ALERT 💥💥

If you are in the market waiting for short-term profits with $ZEC , FORGET IT... THIS WILL NOT HAPPEN. The currency is falling a little every day and the trend is to drop even more. DO NOT EXPECT SHORT-TERM PROFIT

Overview of price / market structure

Current price: 434.43.

Very short-term trend: bearish — series of lower highs and lower lows, accelerated decline near the end of the shown segment.

The 60-period moving average (MA60) is at ≈ 438.69 and the price is below it → signal of selling pressure and resistance above. MA60 appears slightly tilted downwards (or starting to), indicating a weakening of the previous uptrend.

Technical indicators (visible values)

RSI(6) = 29.41 → short-term oversold region. May indicate the probability of a bounce in the very short term, but oversold does not guarantee a reversal.

MACD / DIF / DEA: DIF = -1.22, DEA = -1.04, MACD = -0.19 (negative histogram) → bearish momentum; lines are below zero and without visible bullish crossover.

Volume: appears one (or two) green volume spikes during the decline — signs of attempted buying or closing short positions, but not strong enough to halt the decline. Relatively higher volume on bars where there were small corrections.

Supports and resistances (short-term)

Immediate resistance: ~MA60 ≈ 438.7 (zone to be reclaimed for a recovery signal). Local highs near 439.8 and 441.36 mark additional resistance.

Immediate support: markings on the chart show a line near 433.49 and the price touched close to that — this is very short-term support. If lost, the next psychological/round-number support and possible local lows below that.