$ZEC Took off from 426.1 and surged all the way, with a gain of over 24%! 🚀 But the current price of 528.73 has slightly fallen below the dynamic trend line at 533.9 (which is the trailing stop level). This is the first time since the 157-hour rally! 😮 Although the overall increase is still ongoing, and the retracement from the high is only 4.6%, the key defense line has been broken, and the bullish trend shows signs of stalling. ⚠️ Be cautious of the risk of trend reversal; the nearest solid support below is around 457.7.
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$ZEC Took off from 426.1 and surged all the way, with a gain of over 24%! 🚀 But the current price of 528.73 has slightly fallen below the dynamic trend line at 533.9 (which is the trailing stop level). This is the first time since the 157-hour rally! 😮 Although the overall increase is still ongoing, and the retracement from the high is only 4.6%, the key defense line has been broken, and the bullish trend shows signs of stalling. ⚠️ Be cautious of the risk of trend reversal; the nearest solid support below is around 457.7.