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ZEC this wave of movement, the bulls clearly lack momentum and have difficulty maintaining sustained strength. Last night, the price was forcibly pushed up to the 530 level but quickly encountered resistance, then oscillated and weakened, currently finding support around 488, with a short-term rebound above 490.
From an hourly perspective, after a previous surge to 555, the structure has shifted to a bearish dominance, with the highs gradually declining, and each rebound weaker than the last, showing clear signs of bull fatigue.
Personal suggestion: consider entering around 500, with a target downward at 480-450, and if broken, look toward 400!