$ZEC ZEC is currently showing interesting technical patterns on the 4-hour chart. You can see a double top forming, and the RSI divergence suggests a possible bearish reversal. The tricky part? The price is still holding above the 200-period EMA, around the 438 level - this is your current support area. For the bearish scenario to really happen, we need to see the price clearly break below 438, accompanied by strong volume support. Until then, that EMA remains supportive for the bulls. Keep a close eye on the volume as the price approaches that level; this will be the true test of whether the reversal is valid or just another false signal.
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