ZEC should be cautious about chasing highs in this wave of the market. From a technical perspective, the four-hour timeframe no longer has volume support, which is a typical weak signal. You can consider gradually shorting around 470, with a target set at 430, where there is good support. When volume is insufficient, it often indicates a potential reversal. If you follow the trend, there is still profit potential. Remember to set stop-losses to prevent small losses from turning into larger ones.
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ShitcoinArbitrageur
· 16h ago
The lack of volume is indeed dangerous this time. I have already set up a short position at 470.
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mev_me_maybe
· 16h ago
470 short position, I need to take another look. The volume definitely feels a bit weak.
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NervousFingers
· 16h ago
I need to think about this 470 short position; the volume does seem a bit weak.
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ShibaMillionairen't
· 16h ago
I'm also watching the 470 short position, but this time the volume feels insufficient compared to last time, a bit hesitant.
ZEC should be cautious about chasing highs in this wave of the market. From a technical perspective, the four-hour timeframe no longer has volume support, which is a typical weak signal. You can consider gradually shorting around 470, with a target set at 430, where there is good support. When volume is insufficient, it often indicates a potential reversal. If you follow the trend, there is still profit potential. Remember to set stop-losses to prevent small losses from turning into larger ones.