The privacy coin ecosystem has recently had many highlights, and the recent ZEC market movement is particularly worth paying attention to.
From the 4-hour candlestick perspective, ZEC is currently stuck near the middle band of the Bollinger Bands. It stabilized around 521 after falling to that level earlier, indicating that this support level has some strength. Going lower, the space is actually quite limited, so instead of guessing blindly about the future direction, it's better to position for a long at this support zone and wait for a rebound.
The trading strategy is clear: you can gradually build a position between 510 and 520, rather than going all-in at once, which reduces risk significantly. The initial target is around 550, no need to be greedy.
In actual trading, patience is key. Wait for the right entry points to add small positions, and follow the rebound rhythm to capture this move. Don't rush, stick to the plan.
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.
14 Likes
Reward
14
4
Repost
Share
Comment
0/400
CryptoComedian
· 8h ago
Buy in batches at 510-520, with a target of 550. It's the same plan I mentioned the day before yesterday, but it got smashed through haha.
As for ZEC, the support looks solid, but cutting through it is really fierce.
View OriginalReply0
ImpermanentPhobia
· 8h ago
The 510-520 level is indeed a bottoming opportunity; wait for the rebound and then buy.
View OriginalReply0
SorryRugPulled
· 8h ago
ZEC's support level can indeed go higher, but I still have to say, with the current regulatory crackdown on privacy coins, are you really willing to hold a heavy position?
View OriginalReply0
StakeWhisperer
· 8h ago
The 521 support level has indeed held, feels like a good time to jump in and try.
The privacy coin ecosystem has recently had many highlights, and the recent ZEC market movement is particularly worth paying attention to.
From the 4-hour candlestick perspective, ZEC is currently stuck near the middle band of the Bollinger Bands. It stabilized around 521 after falling to that level earlier, indicating that this support level has some strength. Going lower, the space is actually quite limited, so instead of guessing blindly about the future direction, it's better to position for a long at this support zone and wait for a rebound.
The trading strategy is clear: you can gradually build a position between 510 and 520, rather than going all-in at once, which reduces risk significantly. The initial target is around 550, no need to be greedy.
In actual trading, patience is key. Wait for the right entry points to add small positions, and follow the rebound rhythm to capture this move. Don't rush, stick to the plan.