2026-01-05 08:08:33

1.5 ZEC Midday Trading Strategy Suggestions

After reaching the interim high of 555.57, the price pulled back, then showed a oscillating downward trend, dropping to a low of 487, breaking the key level of 492; short-term bearish momentum is dominant. Once the 492 support level is broken, the short-term downward pressure will further increase.

The upper resistance level is around the previous oscillation platform of 520 - 530, while the lower support is initially at 480 - 490. If it breaks further, look at around 461, and it may even test around 434.
Trading Recommendations

Those holding short positions can continue to hold, with a target of 480. If it breaks below, look further down to 460-430.

If the price stabilizes above 500, consider setting up long positions.

BTC-1,77%

ZEC-4,01%

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