ZEC's recent market performance has been a bit interesting—each rebound fails at the same level, what does this indicate? It shows that the upward pressure is still very heavy.
Looking at the 4-hour chart, it is also in a retracement phase. Instead of chasing high prices, it's better to wait for opportunities. The simple logic is this: if the 500 level cannot be held, then be prepared for a downward move. The target is roughly around 420.
This doesn't mean the market will definitely crash downward, but rather it's a matter of risk-reward ratio. When repeatedly testing a high point and failing, the next move often becomes clearer. The shorting opportunity is here; a breakdown is the real entry point for action.
Keep up with the rhythm, don't rush to chase highs.
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FOMOSapien
· 8h ago
If 500 can't hold, then we have to run. This bearish wave indeed has a chance.
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Chasing highs is always for the leeks; wait until the breakdown.
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Repeated loss of strength is accumulating downward momentum, understand?
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I've had my eye on the 420 level for a long time; it all depends on whether it can drop to that point.
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Instead of buying at high levels, it's better to patiently wait for a good opportunity. It's a very simple principle.
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It's truly courageous to go all-in with such heavy pressure here.
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The risk-reward ratio is always the top priority. Don't let FOMO cloud your judgment.
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The moment of breakdown is the real play point. It's still early now.
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GasFeeAssassin
· 8h ago
What to do if it breaks 500? I'll buy in if it really drops to 420.
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PrivacyMaximalist
· 8h ago
If you can't break 500, you have to admit defeat. The short opportunity is indeed there this time.
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LayerZeroHero
· 8h ago
If I can't break 500, then 420 is my target... The actual test data is right there, repeated failures indicate what, the pressure is right there.
ZEC's recent market performance has been a bit interesting—each rebound fails at the same level, what does this indicate? It shows that the upward pressure is still very heavy.
Looking at the 4-hour chart, it is also in a retracement phase. Instead of chasing high prices, it's better to wait for opportunities. The simple logic is this: if the 500 level cannot be held, then be prepared for a downward move. The target is roughly around 420.
This doesn't mean the market will definitely crash downward, but rather it's a matter of risk-reward ratio. When repeatedly testing a high point and failing, the next move often becomes clearer. The shorting opportunity is here; a breakdown is the real entry point for action.
Keep up with the rhythm, don't rush to chase highs.