12.9 ZEC Trading Ideas

Oscillating Bearish Under Resistance Pressure, Focus on Selling High and Buying Low

ZEC price has reached a strong resistance zone near previous highs. The midday session is likely to remain in a bearish consolidation pattern, with the main strategy being to sell high and buy low. Be sure to strictly control position size and adhere to stop-loss discipline.

The market is currently in a critical stage of resistance after a rebound: the 409-415 range is a previous high-volume area with significant selling pressure; on the hourly chart, the MACD shows a bearish divergence signal, and the RSI is approaching overbought territory, indicating a continued increase in short-term pullback needs. If the price breaks above the 415 level with volume, the trend will strengthen; otherwise, it will continue to oscillate downward to test lower support levels.

Trading Strategy

Long Entry Zone: Enter in batches with light positions at 402-405, stop loss at 398 (if broken, support is considered invalid), target 410-414, take profit in batches near 415, avoid chasing highs.
Short Entry Zone: Enter in batches with light positions at 412-415, stop loss at 418 (immediately stop out if breakout occurs with volume), target 404-400, reduce or close positions near 398.

Key Points

1. Strictly control position size within 20%, quick in and out, never hold losing positions;
2. Focus on the breakout or breakdown of the 415 resistance and 400 support levels, and adjust strategy immediately after a breakout;
3. If U.S. stocks become more volatile or the crypto market weakens, prioritize short strategies or stay on the sidelines to avoid risk.

#美联储降息预测 #参与创作者认证计划月领 #加密市场观察