Zec/usdt
Current Price and Daily Movement
Current Price: 371.53 USDT
Change over 24 hours: +3.73%
Highest Price in 24 hours: 372.29
Lowest Price in 24 hours: 352.75
The price is very close to the highest in 24 hours, indicating relative buying strength during the day.
2️⃣ General Trend (Trend)
On the 4-hour timeframe, the trend was previously bearish from 417 → 336, then the price started to rise recently.
SuperTrend Indicator(10,3) = 391.39:
The current price is below SuperTrend, which means that the overall trend is still officially bearish on the 4-hour.
However, we see recent upward movement, which may be the beginning of a rebound or upward correction.
3️⃣ Support and Resistance
Strong support around 336 USDT (previous bottom area).
Strong resistance at 385–391 USDT (SuperTrend level and previous peak level).
The price is currently moving between support at 336 and resistance at 391, with a short upward trend.
5️⃣ Relative Strength Index RSI
RSI(6) = 64.24 → indicates good buying strength, but has not yet reached the 70 level which usually indicates overbought conditions.
This gives a possibility of continued short-term rise, but with caution from resistance at 385–391.
✅ Summary
Overall trend on 4 hours: Bearish.
Short-term upward movement: Yes, rebound from 336 → 371.
Main resistance: 385–391.
Support: 336.
RSI indicates buying strength without overbought conditions.
Short-term outlook: Possibility of continued rise towards resistance at 385–391, and breaking it gives an opportunity to confirm a trend reversal to bullish on the 4-hour.