The current trend of ZEC looks very risky. The classic head and shoulders pattern has already formed, and it is also operating within a clear downward channel, which is a typical bearish signal. From the chart, the lower Bollinger Band is at the price level of 381, which is likely to be tested. If no strong support appears, the possibility of breaking down and continuing to decline is high. Friends who are shorting can pay attention to this direction and consider 381 as an important target level.
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The current trend of ZEC looks very risky. The classic head and shoulders pattern has already formed, and it is also operating within a clear downward channel, which is a typical bearish signal. From the chart, the lower Bollinger Band is at the price level of 381, which is likely to be tested. If no strong support appears, the possibility of breaking down and continuing to decline is high. Friends who are shorting can pay attention to this direction and consider 381 as an important target level.