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【$ZECUSDT】Don't Get Fooled, Here's the Real Data
$ZECUSDT This oscillation is really messing with people's emotions. During the regular intraday volatility period, the price has broken through the lower Bollinger Band, RSI dropped below 30, and bearish momentum hasn't been fully released yet. Four-hour level buy orders are broken, active selling pressure continues, and unchanged open interest suggests the whales are watching. Around 217.5 below there are stacked pending orders, but depth imbalance is close to -10%, with weak support strength. One-hour MACD shows a death cross below zero line, with moving averages in clear bearish arrangement. Current price around 217.6 can try short positions with light positions, stop loss placed above 221.7. First target looking at the 210 round number level, second target looking at the previous low around 208. The risk-reward ratio at this position is decent, but keep positions light, add positions only after breaking support.
View real-time charts 👇 $ZECUSDT
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