$ZEC The critical position has arrived, and the next steps are crucial.
In simple technical terms:
15-minute level has risen and then fallen back.
Prices are oscillating near the middle track, and momentum is starting to weaken.
MACD shows a hint of a dead cross, leaning towards consolidation in the short term.
My thoughts:
Short-term is leaning towards weak oscillation but not directly turning bearish.
It feels more like a pullback to find support.
Buying range:
460 – 455
Consider near the lower track, don’t chase the high.
TP targets:
TP1: 470
TP2: 476
TP3: 485 (only if strong)
Stop loss:
Below 450
Reasons why prices might move:
1️⃣ The pressure around the previous high of 476 is quite evident, and the bulls need time to digest.
2️⃣ Short-term indicators cooling down, a pullback is healthier.
I personally feel that patiently waiting for the right position is safer than rushing in now.
Do you believe $ZEC will pull back first, or break through 480 directly? 👇
Follow me for continuous sharing of genuine market feelings and thoughts.