The $305 level is an important line of defense for ZEC. If it breaks below this point, it could face a wave of accelerated decline — this signal is quite clear from a technical perspective.
From a short-term perspective, this is indeed worth paying attention to. If support is lost, the opportunity to short will be presented. Of course, the premise is to confirm a true breakdown rather than a false breakout followed by a rebound.
For traders who are watching ZEC's movement, this node is very critical. Closely observing the trading volume in conjunction with price action will give a better sense of the subsequent direction. If the risk-reward ratio is appropriate, this kind of contrarian trading remains very attractive.
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PumpAnalyst
· 7h ago
Can we hold the 305 level? It all depends on the market maker’s mood. I bet five cents that they are already lurking at the bottom.
Wait, I’ve seen the fake dip and rebound trick too many times. Don’t get caught out, brothers.
Breakouts without volume support are just a bluff. If this is truly a bear market, trading volume will be the deciding factor.
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VitaliksTwin
· 7h ago
Did 305 break? Then it's time to be bearish, brother.
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MEVHunterX
· 7h ago
If 305 breaks, we'll withdraw. This time, it depends on the trading volume.
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GasOptimizer
· 7h ago
Break 305 and I'll go short, otherwise wait for the rebound to sell.
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OffchainWinner
· 7h ago
Holding 305 won't keep ZEC safe
Wait, is it a real breakdown or just a fakeout? That's the key
Trading volume needs to match, otherwise it's easy to get trapped
ZEC faces a critical support test🎯
The $305 level is an important line of defense for ZEC. If it breaks below this point, it could face a wave of accelerated decline — this signal is quite clear from a technical perspective.
From a short-term perspective, this is indeed worth paying attention to. If support is lost, the opportunity to short will be presented. Of course, the premise is to confirm a true breakdown rather than a false breakout followed by a rebound.
For traders who are watching ZEC's movement, this node is very critical. Closely observing the trading volume in conjunction with price action will give a better sense of the subsequent direction. If the risk-reward ratio is appropriate, this kind of contrarian trading remains very attractive.