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ZEC/USD – Technical Review
The market has recently become somewhat oversold. A rebound is desired to better participate in this round of rally. From the chart, ZEC's current decline is indeed a bit excessive, and the rebound potential should not be small.
If it can stabilize at key levels, the upcoming upward trend is worth looking forward to. This kind of rebound from extreme oversold conditions usually attracts a group of traders chasing the bounce to enter the market.