#比特币对比代币化黄金 ⚡ Recently, I've been watching $ZEC 's price action. The 4-hour chart clearly shows that this coin is in a pronounced downtrend—consistently making lower highs and lower lows.



Right now, the price has rebounded to a crucial level, around 424.82. This area used to be a demand zone and has now flipped into a resistance band. My assessment is that the price is very likely to encounter selling pressure at this level. If a shooting star or bearish engulfing candlestick pattern appears, it would basically confirm that the downtrend will continue.

**Here's my trading plan:**
I'm bearish and planning to set up short positions in the 420 to 430 range. The stop loss is set above 445, because if the price breaks above and holds this level, the whole thesis falls apart. There are three target levels: the first is 390, the second is 350, and if I'm being aggressive, 315 is also possible.

Of course, trading is never 100% certain—the key is solid risk management. If the price breaks and holds above 445, I'll cut my losses decisively and not fight the market.

$STO $SENT
BTC-1.81%
ZEC-11.98%
STO-0.8%
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degenwhisperervip
· 12-05 09:17
This drop in ZEC is indeed quite harsh. I think your short position logic is pretty clear, but I'm just worried about a sudden dump in the opposite direction. Wait, can 445 really hold? Feels like this level could easily get swept. Damn, another bearish view. It's most dangerous when the whole market is bearish.
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FlashLoanLarryvip
· 12-05 09:07
nah the whole demand-turned-resistance flip is textbook, but did anyone calculate the actual opportunity cost of waiting for that 424 rejection vs just going short at open... feels like classic "hope for confirmation" bias masquerading as technical rigor tbh
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TrustMeBrovip
· 12-05 09:06
I really can't figure out this move by ZEC, it feels like it's about to break the bottom.
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QuorumVotervip
· 12-05 09:00
ZEC does look a bit weak this time, but be cautious when it rebounds around the 425 level. After all, the support from market defenders isn’t insignificant.
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