ZEC on the 4-hour chart warrants attention. The double top pattern has already begun to form, and the RSI indicator shows a clear divergence, which usually indicates potential bearish risks. However, there is a key issue — the price is still firmly above the 200-period moving average line, with the support level around the 438 line.



For the bearish outlook to truly materialize? The price must effectively break below 438, accompanied by a significant increase in trading volume. Until then, that EMA line remains a strong support for the bulls.

So, what is the most important at this stage? Keep an eye on the trading volume when the price approaches 438. This moment will tell you whether the reversal signal is genuine or if the market is just playing a short trap. Don't be fooled by false signals.
ZEC1.98%
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YieldFarmRefugeevip
· 12-16 07:53
Is the 438 line going to break or not? That's the real watershed. --- Double top + divergence, sounds fierce, but the bullish defense line is still holding. --- The key still depends on volume; breakouts without volume are all traps. --- Always cut by false signals, this time I’ve learned to be smart—wait for volume confirmation before acting. --- EMA is supporting, I’m not in a rush to look for a short position. --- Try again at 438; this time, I need to see clearly whether it's a reversal or a trap. --- RSI divergence happens all the time, but trading volume is the real boss.
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NewDAOdreamervip
· 12-14 01:12
Breaking or not breaking at 438 is the key; it's still too early to talk about a reversal.
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机会常在缓入缓出vip
· 12-13 19:08
Why is it 438, brothers? How was this analyzed?😂
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HodlAndChillvip
· 12-13 17:44
Is line 438 really that strong? It feels like a trap to fake a decline again.
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TrustlessMaximalistvip
· 12-13 17:42
Line 438 must hold, or the double top will really crash down --- RSI divergence is a dangerous signal, but trading volume is the real truth --- Another bearish trap? Old trick, wait until it breaks 438 before talking --- Just watch this moving average line, everything else is noise --- If the EMA defense line collapses, I’ll go short immediately --- Only when trading volume surges and breaks 438 does it count; right now, it's all pointless --- Is ZEC this time going to reverse or just oscillate? We'll know at that moment when it hits 438 --- Double top + divergence are not enough; we need volume confirmation before daring to short --- Don't overthink it, just see if 438 breaks or not. If it breaks, then cry later
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BlockchainRetirementHomevip
· 12-13 17:33
It's another double top and RSI divergence. I'm tired of hearing these explanations. The key is whether 438 can hold. If 438 can't hold, there's no point in talking about it. Anything said now is pointless. The trading volume hasn't kept up with before. It feels like they're just fooling me into selling at a loss.
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gas_guzzlervip
· 12-13 17:29
As long as this line at 438 isn't broken, it's all bluster. Let's wait and see what the trading volume says.
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