Can ZEC still be shorted? Let's take a look.
As shown in the picture, ZEC has now fallen to around the neckline of 480, which has some support. Let's see if it can break through and form a genuine breakdown; that would waterfall down to around 320. However, this support is not a good position to short, and of course, I won't choose to go long either. I will see if it can have a decent rebound near the neckline, so that when we short it will be even more perfect.
The positions I am paying attention to are around 550, such as 540, and around 600, such as 590, entering the market in batches to short. The leverage is still 1x, and I won't be liquidated; even if I get stuck, I can hold on and it will come down. If ZEC cannot hold the neckline and falls directly, then we will make even more money. But can it really go so smoothly? I still hope it can rebound a bit, so that the ammunition can be reloaded, and then short it again~ ^-^