2026-01-10 14:22:55

ZEC's recent trend is quite interesting. The current price is in the $375-$383 range, and the $370-$380 zone has indeed attracted many bulls. However, the weakness on the daily chart cannot be hidden — a 24-hour decline of over 11%, with a low touching $370. Technical indicators are also flashing red lights, with the MACD histogram remaining negative, and RSI sliding down from the midline, showing that buying momentum is clearly waning.

The key point is that the $400 level above is not just a psychological barrier; it also coincides with the core resistance zone of $400-$450. In the futures market, short positions have already surged to 52.49%, indicating that sellers are clearly in control of the pace. Therefore, the probability of a top and subsequent pullback is quite high.

In trading, prioritize short positions around the $400 level. The first line of defense below is the short-term support at $330. If this support is broken, then attention should shift to the strong support zone at $300-$320.

ZEC1.07%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

7 Likes

Reward
7
4
Repost
Share

Comment

0/400

MoonlightGamer

· 01-10 14:48

Keep falling, keep falling, ZEC this time really isn't impressive With such a strong bearish trend, I can't believe it won't break 400 If 330 can't hold, that's really troublesome. Let's watch the show then 11% drop, this pace is a bit fierce, short positions are indeed attractive Feels like it's going to drop below 300, who still dares to catch the falling knife

View OriginalReply0

TokenomicsPolice

· 01-10 14:48

ZEC this wave is a bit brutal, with an 11% drop directly breaking the support The bears are almost at 53%, and the 400 level might really be unbreakable 330 needs to hold, or it will head straight to 300... Short-term, shorting is still the safer bet, and buying around 400 is not a problem The bulls might not be able to hold on this time

View OriginalReply0

LoneValidator

· 01-10 14:40

400 really can't be broken, the bears have already gained a big advantage

View OriginalReply0

TheMemefather

· 01-10 14:37

zec this time really can't hold up, a 11% drop directly stunned the bulls The 400 resistance level is indeed tough, the bears are almost in full control Betting it won't break 330, right...

View OriginalReply0