Recently, the movement of ZEC has indeed shocked many people. A large bearish candlestick appeared on the 4-hour chart, full of bearish signals, and market sentiment was suppressed tightly.



But panic is useless; let's analyze this market with data and technical indicators.

**Let the indicators do the talking**

Regarding MACD, the double lines are firmly below the zero axis, which is a typical mid-term weak trend. The histogram hasn't significantly shrunk, indicating that selling pressure is still continuously releasing, and the downward momentum is not虚.

The RSI is currently at 41, not yet in the oversold zone (usually below 30), but the pointer is steadily downward, which means the buying power in the market is indeed weak.

The ADX value has reached 36.98—this is not a small number. It directly reflects how strong the current downtrend is; it's not a mild fluctuation but a real trending market.

**Moving averages and resistance levels**

The 5-day, 10-day, 20-day, and 50-day short-term moving averages have all turned downward, and each forms a solid resistance. Any rebound attempting to break through must push upward with effort; if trading volume can't keep up, the rebound will be doomed to fail at any moment.

**What to do now?**

The short-term priority is to find effective support. Until a support level with sufficient volume appears, rebounds should be approached cautiously. The bearish trend is so strong that rushing to buy the dip carries significant risk.
ZEC-4,5%
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ser_ngmivip
· 01-08 06:13
ZEC this wave is indeed fierce, but the ADX of 36.98 indicates that the trend still needs to continue downward. Wait, if the MACD is already like this, why are there still people daring to buy the dip? A large bearish candle on the 4-hour chart directly scared away a bunch of people, but with the moving averages so tightly bound together, they will eventually diverge. To be honest, the RSI is only at 41, which is still far from the target; don’t rush to buy until it’s in place. In this kind of market, you should honestly wait for support. Don’t chase after rebounds either, it’s too fierce.
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CryptoPhoenixvip
· 01-07 09:27
Remember, when losing money, it's most important to stay clear-headed. This wave of decline is actually building momentum for the next round. Wait until there is sufficient volume support before taking action. Faith will be rewarded.
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WalletDetectivevip
· 01-07 05:08
ZEC this wave is indeed fierce, but with ADX almost at 37, still want to buy the dip? That takes real bravery.
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GateUser-c799715cvip
· 01-05 08:56
Damn, ADX is already over 36. This bearish trend is really fierce. Should I buy the dip or wait a bit?
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AllInDaddyvip
· 01-05 08:50
Another crappy trend, ADX is already at 36 and you still want a rebound? Dream on. --- MACD is still stuck below the zero axis, this market has no confidence. --- Isn't it just those who got caught trying to bottom fish again looking for excuses? Is there volume? If there's no volume, don't mess around. --- All moving averages are in a full bearish alignment. I want to see who dares to take this market. --- RSI is only at 41, isn't that enough despair? Wait and see. --- With such a strong trend, you're still researching support levels, typical of a dead duck being stubborn.
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GasFeeLadyvip
· 01-05 08:41
ngl zec's looking pretty rough rn, but that adx reading is actually telling me something more than just panic. watched this exact setup play out with eth back in '22—always wait for the volume confirmation on support before the fomo kicks in. not catching falling knives this season, gas oracle says patience wins here.
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