2025-12-25 03:40:42

#美联储回购协议计划 Zcash(ZEC)Technical Analysis: Resistance at Highs, Consider Shorting on Rebounds

On the four-hour chart, ZEC has rallied with four consecutive bullish candles yesterday, but was pushed back at the key resistance level of 451. Currently, the candlestick has turned into a bearish candle, indicating that the bullish momentum is clearly weakening.

Looking at the hourly level, the KDJ indicator is opening downward, which is somewhat aggressive. The middle band of the Bollinger Bands is still oscillating above, but the correction signal is already quite evident — the bears are trying to take control of the pace.

Combining multiple timeframes, ZEC’s upward momentum is indeed insufficient. It is likely to continue facing pressure, and in this kind of market, rebounds should be used as opportunities to short.

Trading idea: When ZEC rebounds to the 450-455 range, look for opportunities to establish short positions. The target range is 440-425. If it effectively breaks below 425, you can add to your position and follow the trend. $BTC $ETH

ZEC9.23%

BTC0.75%

ETH0.16%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

16 Likes

Reward
16
7
Repost
Share

Comment

0/400

OfflineNewbie

· 4h ago

451 can't be held down, really need to reverse and go short. The KDJ turning downward is a very clear signal.

View OriginalReply0

GasFeeCrier

· 5h ago

Once 451 is pushed back, you know it's not looking good. Short positions are really attractive here. I'm optimistic about the 425 wave.

View OriginalReply0

CountdownToBroke

· 5h ago

The 451 resistance level is really holding strong. Are the bears about to take over this wave? My strategy is also to short this rebound. That 425 line must be truly defended.

View OriginalReply0

ForeverBuyingDips

· 5h ago

451 is really a hurdle, and the bulls are being held down like this, which is hard to watch. The bears are definitely sharpening their blades.

View OriginalReply0

Anon4461

· 5h ago

451 can't hold down the pressure. This wave of bulls is indeed weak... Wait for the rebound to go short again, the target around 425 should be reachable.

View OriginalReply0

WagmiOrRekt

· 5h ago

This 451 hurdle is indeed fierce. Yesterday, four consecutive bullish candles suddenly failed... When the KDJ started turning downward, I knew something was going to happen. The bears took control without a doubt.

View OriginalReply0

GateUser-c802f0e8

· 5h ago

It's really embarrassing that 451 can't be broken, and the short positions should take off again. See you at 425.

View OriginalReply0