【$ZECUSDT】Bulls and bears in heated battle


$ZECUSDT During the regular intraday fluctuation period, after the 4-hour level surged to 247.61, buying orders collapsed, MACD histogram contracted, and bullish momentum exhausted. The 1-hour level MACD formed a death cross diverging downward, with price repeatedly testing the upper half of the Bollinger Bands, but trading volume shrunk, with clear intent of capital floor-propping. The order book shows extremely thick pending orders below 237.4, forming a dense support zone. The bullish defense line has broken, current price directional short at 237.4 nearby for entry, with defense placed above 239.6. First target at 233.8, second target at 230.5. Risk-free breakeven trade.
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