【$ZEC Signal】Bull-Bear Battle, Waiting for 1H Level Confirmation!

$ZEC The 1H timeframe is currently oscillating near a key support level, having just experienced a volume-driven decline (from 254.3 down to 246.84). The current price is around 252 with a weak rebound. The 4H trend is downward, but the 1H RSI (36.52) has entered oversold territory, indicating a technical rebound may be needed. The current order book depth is significantly weaker on the buy side than on the sell side (depth imbalance -37.65%), showing selling pressure remains heavy, but open interest (OI) is stable, with no signs of large-scale long liquidation. The main players may be waiting for a direction.

🎯 Direction: Watch and Wait (Waiting for a breakout or pullback confirmation)

⚡ Order Placement Strategy:

- Long Entry Conditional Order: If the price strongly breaks above and stabilizes above the 1H EMA20 (256.07), it indicates a reversal of the short-term downtrend, and a long position can be pursued.

- Long Position Setup: If the price retraces back near the previous low of 246.84 and shows signs of stabilization (such as a long lower shadow), consider entering a long.

🎯 Entry/Order Placement:

1. Breakout Long: 256.50 - 257.00 (Reason: Stabilizing above 1H EMA20 and previous small platform)

2. Pullback Long: 247.50 - 248.50 (Reason: Strong support zone at previous low)

🛑 Stop Loss:

1. Breakout Long: 253.50 (Reason: Falling below the breakout point and ATR lower band)

2. Pullback Long: 245.00 (Reason: Falling below previous support)

🚀 Target 1:

1. Breakout Long: 262.00 (Reason: Lower boundary of the previous 4H oscillation platform)

2. Pullback Long: 256.00 (Reason: Resistance at 1H EMA20)

🚀 Target 2:

1. Breakout Long: 268.00 (Reason: Fibonacci 0.5 retracement level)

2. Pullback Long: 262.00 (Reason: Same as Target 1 for breakout)

🛡 Trade Management:

- Position Size: Light (Reason: 4H trend remains downward, indicating a counter-trend rebound with higher risk)

- Execution Strategy: After entering, if the price quickly rises to Target 1, reduce position by 50% and move stop loss to entry price. If the price consolidates sideways in the entry zone without rising, consider actively exiting.

Depth Logic: The current market suggests a downward move, but open interest remains stable, which may indicate a shakeout rather than distribution by the main players. The negative funding rate (-0.0273%) fuels potential short squeeze, but a volume increase is needed to trigger it. The 1H RSI shows a bullish divergence brewing but is not confirmed yet. Key is whether the price can form a double bottom around 246-248 or break through 256 with volume. The best current strategy is to place orders and wait for the market to choose a direction rather than entering blindly.

Check real-time quotes 👇 $ZEC

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