ZEC/USD Market Technical Reading



Looking at the current price action, ZEC appears somewhat oversold in the near term. We're due for a relief bounce to work with here. If we can catch that upward swing, there should be some interesting wave patterns to trade off the pullback move.

The setup suggests buyers might step in around current levels. Keep eyes peeled for that momentum shift—when it comes, the countertrend move could offer solid trading opportunities for those playing the recovery phase.
ZEC1,44%
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Rugman_Walkingvip
· 01-12 18:28
If this rebound of ZEC really comes, I'm going all in. Oversold signals are always reliable...
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ContractSurrendervip
· 01-12 09:08
ZEC is about to rebound, but I have some doubts... The last time it was oversold, I thought the same, and the result was even worse.
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ForkYouPayMevip
· 01-11 16:56
ZEC is about to rebound... the signal hasn't appeared yet, don't rush to buy the dip, brother.
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TokenomicsPolicevip
· 01-11 16:53
This oversold wave in ZEC indeed calls for a rebound, just waiting for that momentum shift moment... When that happens, wave patterns should be able to play around a bit, and there's still an opportunity for the recovery phase.
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GasFeeWhisperervip
· 01-11 16:51
zec this wave has indeed hit the bottom, and there should be some room for a rebound... However, I've seen many technical reversals like this, and in the end, it still depends on the trading volume to speak.
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LiquidationOraclevip
· 01-11 16:49
If this rebound in ZEC crashes down, I'll be laughing. Oversold? Why does it still feel like it can keep falling?
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zkNoobvip
· 01-11 16:29
ZEC is indeed a bit oversold this time, and the rebound potential shouldn't be small.
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AirdropHunter007vip
· 01-11 16:28
zec this wave is indeed a bit oversold... waiting for a rebound opportunity, the wave pattern might have some significance
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