ZEC is currently consolidating above a critical moving average line. After experiencing wide fluctuations earlier, it is now showing strong buying support. The price has stabilized around the 400 level and continues to consolidate below the previous high. This trend indicates that funds are gradually accumulating rather than flowing out. If the price can maintain stability above this structure, it will lay a foundation for further strong upward movement.
Trading Suggestions Buy on dips around 399-396, with targets of 410-415-420.
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December 17 ZEC Suggestion
ZEC is currently consolidating above a critical moving average line. After experiencing wide fluctuations earlier, it is now showing strong buying support. The price has stabilized around the 400 level and continues to consolidate below the previous high. This trend indicates that funds are gradually accumulating rather than flowing out. If the price can maintain stability above this structure, it will lay a foundation for further strong upward movement.
Trading Suggestions
Buy on dips around 399-396, with targets of 410-415-420.