ZEC's recent trend indeed tests people's resolve. Previously, I held a short position at 535, and it looked like it was going to break below 507, but it stubbornly rebounded—this back-and-forth has caught many people in a trap. Observing ZEC's recent performance, the market has been oscillating repeatedly, and the technical analysis does not show a clear trend in one direction, making long-term holding riskier. Currently, ZEC is more suitable for swing trading—identifying resistance levels to short, support levels to go long, and timing the trades to capture profits. If you're still holding a short position without adjusting, I recommend being more flexible and not sticking rigidly to one direction, as it can easily be hit by a counter-move. In the short term, treat this coin as a swing trading tool for better safety.
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.
10 Likes
Reward
10
4
Repost
Share
Comment
0/400
AirdropDreamBreaker
· 5h ago
535 Nabo was really a slaughter; the rebound directly buried the bears alive, haha
View OriginalReply0
JustHereForMemes
· 5h ago
Once again, hit hard by a rebound. Holding onto the short position is really hopeless.
View OriginalReply0
GweiTooHigh
· 6h ago
535 short position was slapped back by the rebound. Holding on now really isn't meaningful; riding the swings back and forth is the safest strategy.
View OriginalReply0
ImpermanentLossFan
· 6h ago
555 This repeated fluctuation is really outrageous. Luckily, I didn't chase that short position. Now it looks like only a market wizard would play with this coin.
ZEC's recent trend indeed tests people's resolve. Previously, I held a short position at 535, and it looked like it was going to break below 507, but it stubbornly rebounded—this back-and-forth has caught many people in a trap. Observing ZEC's recent performance, the market has been oscillating repeatedly, and the technical analysis does not show a clear trend in one direction, making long-term holding riskier. Currently, ZEC is more suitable for swing trading—identifying resistance levels to short, support levels to go long, and timing the trades to capture profits. If you're still holding a short position without adjusting, I recommend being more flexible and not sticking rigidly to one direction, as it can easily be hit by a counter-move. In the short term, treat this coin as a swing trading tool for better safety.