2026-01-20 03:21:44

ZEC has recently shown clear signs of correction. From a short-term moving average perspective, the price has consecutively broken through EMA5, EMA10, EMA20, and EMA60, establishing a bearish trend.

The technical indicators are highly aligned — the DIF line in MACD is currently at -22.77, consistently below the DEA line at -14.57. The histogram is negative and expanding, indicating that bearish momentum is continuously building.

Market performance is also not optimistic. The 24-hour decline has reached 2.56%, retracing over 20% from the previous high. The market's bullish sentiment has significantly weakened. In this context, short-term traders may consider looking for shorting opportunities.

ZEC-4,71%

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GrayscaleArbitrageur

· 10h ago

ZEC looks a bit uncomfortable in this wave, with such fierce bears, I still need to hide first.

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AirdropSkeptic

· 11h ago

Another bear trap, don't believe this data.

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WhaleInTraining

· 11h ago

ZEC, this wave is probably going to break through the support, all moving averages are in a death cross, I'm a bit panicked.

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AirdropHunter007

· 11h ago

ZEC's recent decline is indeed ugly, with the bears breaking below the 60 level all the way down. The MACD has already expanded; do you still expect a rebound? Shorting does present opportunities, but you must keep your stop-loss in check.

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WhaleWatcher

· 11h ago

zec this wave is indeed a bit tragic, the moving averages are all broken, and the bearish momentum is unstoppable. Looking at the MACD data, it seems hopeless. I've also been looking for shorting opportunities these days.

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