ZEC has recently been hovering around the EMA120 line, with a support level around 365. From a technical perspective, there is indeed some support here, and a recent rebound has occurred, but the rebound strength is quite limited, and the momentum is clearly lacking. To be honest, the probability of holding this level is decreasing. Once it cannot be maintained, the next stronger support level to face is 300.
Regarding position strategy, continue holding the USDT trading pair and do not rush to make moves. The tactical position for the USDC trading pair has basically been closed, and currently, it is a wait-and-see approach, waiting for a clearer opportunity to emerge. The market is frustrating, but observing more and acting less often helps avoid many pitfalls.
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.
11 Likes
Reward
11
9
Repost
Share
Comment
0/400
ChainComedian
· 01-13 13:39
If you can't hold 365, you'll really panic.
View OriginalReply0
WenAirdrop
· 01-11 00:47
If you can't hold 365, you really need to look back at 300. ZEC's recent rebound is just a fleeting moment.
View OriginalReply0
DuckFluff
· 01-11 00:47
It seems like the 365 hurdle is about to be broken; just hold on to the USDT in your hand.
View OriginalReply0
BearEatsAll
· 01-11 00:46
If you can't hold 365, you should really watch out for 300. This rebound is just a false alarm.
View OriginalReply0
BrokenRugs
· 01-11 00:46
If you can't hold 365, then get ready to face 300. This rebound is just a fleeting moment.
View OriginalReply0
SillyWhale
· 01-11 00:44
Holding 365 is only a matter of time, I feel like 300 is the real bottom.
View OriginalReply0
MetaNomad
· 01-11 00:40
This level at 365 is probably hard to hold, 300 is the real test.
View OriginalReply0
NightAirdropper
· 01-11 00:28
If you can't hold 365, just drop straight down to 300. There's really no chance this time. I'm also continuing to hold USDT; I already sold USDC a long time ago.
ZEC has recently been hovering around the EMA120 line, with a support level around 365. From a technical perspective, there is indeed some support here, and a recent rebound has occurred, but the rebound strength is quite limited, and the momentum is clearly lacking. To be honest, the probability of holding this level is decreasing. Once it cannot be maintained, the next stronger support level to face is 300.
Regarding position strategy, continue holding the USDT trading pair and do not rush to make moves. The tactical position for the USDC trading pair has basically been closed, and currently, it is a wait-and-see approach, waiting for a clearer opportunity to emerge. The market is frustrating, but observing more and acting less often helps avoid many pitfalls.