$ZEC /USDT Quick Look 🔍
The price is hovering around $450, and it seems that bullish momentum is weakening. There is noticeable pressure around the 470 level, with several attempts to rally being capped.
📊 From a technical perspective:
Short-term breakdown below the midline, MACD remains below the death cross, indicating weak momentum.
However, there is some support around 445–448, and there may be a short-term rebound opportunity.
📈 My personal view: leaning towards a range-bound bearish outlook.
If it can hold above 450, short-term longs can be considered.
If it breaks below 444, there may be a retest of the 430 area.
🎯 Action suggestions:
Buy zone: 445–450
TP1: 458
TP2: 468
TP3: 475
Stop loss: below 442
📌 Two points that may drive the market:
1️⃣ If BTC stabilizes, it will drive an overall rebound.
2️⃣ If trading volume expands again, $ZEC has a chance to break through short-term pressure.
Do you think the bulls can hold this position? 👇
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