2025-12-06 04:28:21

ZEC's daily chart just flipped. That bounce back to test support? Looks finished. Price stalled at 409—couldn't even touch that 424 mark we were watching. Momentum's shifting bearish now. Smart move: scale down your long positions and keep eyes on those double-top targets sitting around 242-234. Could see deeper correction from here.

ZEC-1.57%

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airdrop_huntress

· 12-08 09:48

Watching ZEC drop like this is really tragic; it couldn't even hold 409, and 424 is completely out of the question. The double top target of 242-234 is pretty scary, that's a huge range. Better to close my position for now to be safe—I really don't want to get caught in this drop.

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Token_Sherpa

· 12-08 04:31

double-top at 242-234? mate, we've been here before. zec always does this theater act right before it either dumps or pumps. the real question is whether this correction has actual conviction or just another bear trap honeypot. momentum mean nothing if liquidity's thin as paper.

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GamefiGreenie

· 12-07 21:58

409 is stuck, it’s really frustrating. Still hoping for 424, but now it’s back to a direct pullback, with 242-234 just waiting there.

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BlockchainArchaeologist

· 12-06 04:58

409 is stuck, this rebound is really weak. Need to keep a close eye on the 242-234 area, feels like it's time to go back and have some tea.

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GasBandit

· 12-06 04:51

409 getting stuck is really awkward, and 424 is simply out of the question. After this drop, it depends on whether 242 can hold; otherwise, there will be more breakdowns. I’ve already started reducing my positions—this rebound doesn’t seem meaningful anyway.

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SelfMadeRuggee

· 12-06 04:51

409 is stuck, 424 didn't get hit... This round is going to dump, my long positions are still dreaming.

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CodeSmellHunter