ZEC performed quite well today. From the chart, it is currently at a critical level—if it can effectively break through the resistance above, the subsequent upward potential could be quite significant. Currently, the bullish sentiment remains relatively strong.
Once the price stabilizes and breaks through the breakout point, a strong upward push is expected. It is important to pay attention to the trading volume and whether it can effectively break through the previous resistance zone. This level is indeed worth watching, especially for short-term traders.
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GateUser-addcaaf7
· 7h ago
Can ZEC break through the resistance this time? It seems like the trading volume isn't quite enough.
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TokenomicsTinfoilHat
· 7h ago
If ZEC can truly break through this time, it indicates that the market isn't as pessimistic. However, I still need to look at the trading volume to speak; just having the atmosphere isn't enough.
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UnluckyLemur
· 7h ago
ZEC's breakout looks shaky... the trading volume doesn't match up, feels like it's going to pull back again.
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NFTPessimist
· 7h ago
Here we go again, always talking about key levels and breaking resistance, but what’s the result? ZEC is still the same.
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DaoResearcher
· 7h ago
According to the technical analysis framework of the white paper, whether ZEC's recent breakout can hold depends on whether the trading volume data aligns with the accumulation pattern of Wyckoff theory. It is worth noting that a simple resistance breakout is essentially a false proposition—it's crucial to look at the on-chain position distribution; otherwise, it becomes a trap of technical analysis.
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SatsStacking
· 8h ago
If ZEC can break through the resistance this time, it really has potential. The only concern is the trading volume not being strong enough.
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SelfCustodyBro
· 8h ago
Breaking through this critical position is the key; otherwise, it's just a castle in the air.
ZEC/USD Technical Analysis
ZEC performed quite well today. From the chart, it is currently at a critical level—if it can effectively break through the resistance above, the subsequent upward potential could be quite significant. Currently, the bullish sentiment remains relatively strong.
Once the price stabilizes and breaks through the breakout point, a strong upward push is expected. It is important to pay attention to the trading volume and whether it can effectively break through the previous resistance zone. This level is indeed worth watching, especially for short-term traders.