Recently, ZEC has been attempting to break through around 530, but ultimately failed to hold steady and has returned to the previous range of oscillation.
From a technical perspective, if the closing price falls below the support line at 488, it is highly likely to test the bottom around 450-470. This level is quite critical; if it also cannot hold, the structure may truly be broken.
Currently, the only bullish expectation is that after completing a sweep of liquidity in the area with good trading volume, the price can be pushed back up. But in reality, once a downward breakthrough occurs, the correction phase often prolongs.
Looking at the market rhythm, ZEC's performance in recent days has been repeatedly testing investors' patience. To seize this wave of market movement, the key is to position precisely. Many people are now somewhat unclear about the direction and unsure whether to chase. The core strategy is: either wait for a rebound to the 530 level and decisively reduce positions, or wait for confirmation that 488 will not be broken before considering adding. No need to rush.
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YieldWhisperer
· 14h ago
ZEC this coin is really a torment, can't break above 530, can't go below 488, just playing these little tricks...
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Once again testing my patience, whether 488 breaks or not is still hanging in the balance
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Not reducing or adding positions is quite awkward, looking at this chart just makes me want to sleep
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Waiting for it to confirm what it really wants to do, stop this back-and-forth, it's really annoying
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That 530 hurdle is like paper, it gets pushed and then retracts
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Actually, it's just waiting for 528 or breaking 488, no other options
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I think this wave still needs to test 450 to stop the bleeding, be mentally prepared
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The opportunity to make money was originally at the bottom, but now this position is really hard to chase
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ZEC's performance is really uncomfortable, with small volatility but a sharp downtrend
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GateUser-c802f0e8
· 01-07 18:00
530 didn't hold again, this wave of ZEC really is tormenting
Hold or escape, it all depends on whether 488 can withstand
If 488 breaks, then look down to 450, the structure might blow up
Reduce positions at 530, then go back above 488, this trading is a bit exhausting
Wait for confirmation before acting, don't get caught by false breakouts
I feel like ZEC just likes to repeatedly test our mentality
This market really tests our resolve, I won't move unless 488 breaks
View OriginalReply0
NestedFox
· 01-07 07:51
ZEC, this coin is really frustrating. It can't hold at 530 and still wants to fly? Maybe wait until 488 breaks first. Chasing now is just asking for pain.
View OriginalReply0
SerLiquidated
· 01-07 07:47
530 couldn't hold again, I've memorized this trick, ZEC is really amazing.
488 once breaks, it probably needs to look at 450, patience is almost worn out.
Waiting for a rebound to reduce positions or waiting for the bottom to add, it's easy to say but hard to do.
This coin has really played with people's minds these past few days, whoever guesses right is the winner.
I've heard this market sweep explanation a hundred times, but it still depends on whether it can truly rebound.
View OriginalReply0
OnchainDetective
· 01-07 07:45
530 has dropped again. This coin really keeps people on edge. What exactly are they trying to do?
Breaking 488 means we have to watch 450. As I said before, why rush?
The key is to wait for clear signals. Entering now is just asking for trouble.
This market trend really tests your mentality. I'm just observing for now.
View OriginalReply0
OnchainHolmes
· 01-07 07:37
ZEC's recent market trend is really frustrating. If it can't break 530, there's no point in messing around. I'm still looking at the 488 level.
Wait... if 488 can't hold, what should I do? Then it might really drop to around 450.
Instead of stressing over whether to enter or not, it's better to first see how the liquidity is. Don't rush to get in.
View OriginalReply0
ILCollector
· 01-07 07:32
530 can't go up again, this coin really is here to torment people...
488 once broken, it's really over, only the big players can handle it
Let's wait and see, rushing won't help anyway
This market rhythm is incredible, positioning is really difficult...
Reduce or increase holdings? I'm f***ing confused right now
View OriginalReply0
MerkleMaid
· 01-07 07:26
ZEC this round is really frustrating. Repeatedly struggling at 530 but can't break through, it's suffocating.
If it breaks 488 again, I really have to admit defeat. I've lost my confidence in this coin.
Rather than guessing, it's better to wait for a signal. Only when it breaks 488 can we talk about it.
Recently, ZEC has been attempting to break through around 530, but ultimately failed to hold steady and has returned to the previous range of oscillation.
From a technical perspective, if the closing price falls below the support line at 488, it is highly likely to test the bottom around 450-470. This level is quite critical; if it also cannot hold, the structure may truly be broken.
Currently, the only bullish expectation is that after completing a sweep of liquidity in the area with good trading volume, the price can be pushed back up. But in reality, once a downward breakthrough occurs, the correction phase often prolongs.
Looking at the market rhythm, ZEC's performance in recent days has been repeatedly testing investors' patience. To seize this wave of market movement, the key is to position precisely. Many people are now somewhat unclear about the direction and unsure whether to chase. The core strategy is: either wait for a rebound to the 530 level and decisively reduce positions, or wait for confirmation that 488 will not be broken before considering adding. No need to rush.