ZEC this wave of market action is a bit stuck at the resistance level. No significant volume has appeared above 470, and chasing longs in this situation only invites trouble.

Going long is not impossible, but you should wait until it truly stabilizes. Before confirmation, it's better to miss a move than to be washed out by the market makers. Especially when the rebound reaches certain levels, it often presents a shorting opportunity. At this point, instead of greed, it's better to hold a small position and defend, which can actually improve the win rate.

The resistance zone above is between 470 and 480. Several previous rebounds got stuck here. If this time it can't break through with volume, the upward space will be limited. The support levels below are at 452, 438, and 420. The downward path is relatively clear, and the current focus of short-term funds is around these levels.

From the current position, the risk-reward ratio for short positions is clearly more advantageous. The trading idea for shorts is to try a small position near the resistance zone; once volume breaks through, immediately cut losses and exit. Targets are set gradually at previous lows and structural supports. Remember, this is a structural game zone, not suitable for heavy positions. High leverage with small positions is necessary, and the key is not to add positions or hold against the trend. This is the critical factor determining whether you can make money today.