Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#隐私币生态普涨 Recently, ZEC has been pumping quite aggressively, and to be honest, the position at $480.58 is a bit awkward.



First, let's look at the technical aspect: the daily RSI has soared to 81.9. In my trading experience over the past few years, this level of overbought condition typically results in a pullback nine times out of ten. More importantly, the price has already breached the upper Bollinger Band at $504.92, with a 24-hour increase of 13.98% and a weekly increase of 36.24%—such a pump is usually unsustainable.

Several key positions need to be monitored:
Looking down, $469 is the low point on the hourly chart, and further down, $458 and $425 are respectively the pivot support and the lower Bollinger Band. These positions may be potential buying areas. On the upside, the pivot resistance at $490 and the round number pressure at $500 are both significant.

My personal opinion:
If you have the goods, you might consider selling more than half in the $490-$500 range to secure profits. Set a stop-loss line at $460 for the remaining portion to protect yourself.
Friends with empty positions really shouldn't chase it. It would be much more rational to enter in batches when it pulls back to around $425-$450.
Of course, the radicals can also try short positions with light positions around $490, setting the stop-loss at $510 and targeting a pullback to $460.

Speaking of fundamentals, the ZEC halving in November 2025 is indeed a medium to long-term positive, but in the short term, this technical pattern is just too full. Additionally, the regulatory issues surrounding privacy coins must also be continuously monitored, as this policy risk has always existed.

In short: be cautious with short-term trades, don't be greedy, and remain optimistic for the medium-term.
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.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
BTCRetirementFundvip
· 12h ago
Isn't pumping this hard just to settle the bill?
View OriginalReply0
LiquiditySurfervip
· 12h ago
This market wave is like an overnight martini, too full and easy to spill.
View OriginalReply0
LiquidityWitchvip
· 12h ago
The warehouse will definitely be destroyed.
View OriginalReply0
GasOptimizervip
· 12h ago
Fall to 425 buy the dip!
View OriginalReply0
unrekt.ethvip
· 12h ago
The borrowing collapse has come.
View OriginalReply0
CommunityLurkervip
· 12h ago
Chasing the price is just looking for death, bro.
View OriginalReply0
NewDAOdreamervip
· 13h ago
Chasing prices higher always leads to death—no exceptions.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)