ZEC is facing strong short-term headwinds and presents a notable shorting opportunity. Price is pinned at the 20-day moving average of 437.95, with weak rebounds unable to break through even the 5-day MA. From a technical perspective, RSI is only at 39, clearly still in a weak phase, and MACD shows a bearish crossover below zero—bearish momentum remains intact. Most critically, trading volume has contracted significantly, with the order book showing abnormally thin liquidity. In such a low-liquidity environment, any large sell order could trigger rapid price drops. With price currently around 433.20, consider entering a market short position to capitalize on this opportunity.
ZEC is facing strong short-term headwinds and presents a notable shorting opportunity. Price is pinned at the 20-day moving average of 437.95, with weak rebounds unable to break through even the 5-day MA. From a technical perspective, RSI is only at 39, clearly still in a weak phase, and MACD shows a bearish crossover below zero—bearish momentum remains intact. Most critically, trading volume has contracted significantly, with the order book showing abnormally thin liquidity. In such a low-liquidity environment, any large sell order could trigger rapid price drops. With price currently around 433.20, consider entering a market short position to capitalize on this opportunity.