$ZEC After a volume breakout above the previous high on the 4-hour chart, the price is currently consolidating healthily above a key resistance turn zone.

🎯 Direction: Long

🎯 Entry: 245.5 - 247.0

🛑 Stop Loss: 239.0 ( Rigid stop loss, break below previous low and EMA20 support )

🚀 Target 1: 260.0

🚀 Target 2: 275.0

Market Analysis:

The price volume breakout above the previous high of 244.95 confirms a reversal of the short-term downtrend. The 4-hour buy/sell ratio rose to 0.52 during the breakout, indicating active buying pressure.

Core Logic:

1. Short Squeeze Structure: Funding rate is -0.0005%, which is negative, but open interest (OI) remains stable, while the price surges significantly. This is a typical early-stage short squeeze, where forced short covering will further drive up the price.

2. Technical Resonance: The price has already risen above EMA20 (236.12), and RSI (57.07) has rebounded strongly from oversold territory into a healthy zone, leaving room for further upside. ATR (8.7) indicates increased volatility, supporting trend continuation.

3. Order Book Support: The order book shows an imbalance (-24.29%), indicating lighter sell pressure, with significant buy orders accumulated around 246.2-246.3 (totaling over 100 ZEC), forming immediate support.

4. Pullback Entry: The current price is consolidating slightly above the breakout level, serving as a retest of the breakout's validity. As long as it does not fall below the support of the previous high turn zone (244.9), the upward probability remains higher.

Risk Reminder: If the price fails to hold above 245 and breaks below EMA20, the breakout may be invalidated, and strict stop-loss measures are required.