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ZEC current price is around $493.5, currently in a pullback and consolidation phase. From a technical perspective, the RSI indicator remains at 43.9, clearly showing that the correction is not over yet, and the foundation at the bottom is still being solidified.
An interesting signal has appeared—the positive momentum is being released simultaneously across multiple mainstream cryptocurrencies. In such an environment, it often attracts funds to enter and buy the dip. This price level for ZEC might not be bad.
Looking at key levels, support is at $478.69. Only if it breaks below this level is there a need for real caution. Resistance is set at $508.31. The true breakout signal is at $503.37—whether it can hold steady here will determine the subsequent trend.
In terms of trading strategy, wait for the market to respond more clearly before taking action. If ZEC can maintain around the current price and shows obvious signs of buy-side support, consider gradually building a position. Stop-loss must be strictly enforced; if it drops below $478.69, exit immediately. There’s no need to fight against the main players. The target depends on whether it can break through $503.37—if it breaks through, hold and wait for the next target; if not, reduce the position and observe again.
Key price levels summary:
• Support: $478.69
• Resistance: $508.31
• Breakthrough key: $503.37