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ZEC's recent trend has fallen into a stalemate. From the price performance, the previous rally has exhausted its momentum, reaching a high of 366 before turning around. Currently, the price is hovering around 360, with the short-term moving average MA7 at 359, and the price is fluctuating around this line.
Looking at the MACD, the situation is interesting. The fast line has crossed above the slow line, with DIF at -0.08, DEA at 0.18, and the overall MACD value at -0.20, indicating a typical bearish pattern. However, there's a detail— the green histogram bars are shrinking, which suggests the downward momentum is weakening, and a rebound window may be brewing.
Key levels are just a few: resistance at 366, and support at 360 and 359. Whether the price can break through this resistance depends on subsequent volume and momentum.
If you have a more aggressive trading style, you might consider this: if the price stabilizes at 360 and shows increased volume for a rebound, try a small long position targeting 366.63, with a stop-loss below 359. Conversely, if 360 cannot hold and the price drops quickly below it, a small short position targeting 359 with a stop-loss above 360 could be considered.
For a more conservative approach, wait for a clear directional signal before acting. If the price firmly stays above 365, you can chase longs with the next target at lower levels; or if 359 is really broken, the space below becomes an opportunity, but the stop-loss must be set above 360. Regardless of the strategy, do not risk more than 10% of your total capital on a single position, as risk control is always the top priority.