12.11 ZEC Forecast and Analysis Approach

ZEC experienced an intraday pattern of bottoming out, then rebounding, followed by a retreat. The high of 422.72 has become a short-term key resistance level. In the afternoon, it oscillated between 415-420. After a rally, profit-taking pressure has become evident. Evening short positions can be considered around resistance signals and breakout follow-up opportunities:

1. Short at Resistance
If ZEC rebounds in the evening to the 422-425 range, especially when reaching the daily high of 422.72, and signs of price stalling, bearish candlesticks, or increased volume without a breakout appear, consider shorting. Stop-loss set above 425 (e.g., 427). The first take-profit target is in the 418-415 range (intraday support), and if this zone is broken, look further down to the 410-412 intermediate support level.

2. Follow Short on Breakout
If ZEC falls below the 415 support level and the broader market (BTC/ETH) weakens simultaneously, consider shorting in the 415-412 range, with a stop-loss above 415 (e.g., 417). The initial take-profit target is at the 410 integer level. If support at 410 is broken, continue to look at the 405-408 medium-term support zone.

3. Risk Warning
Be alert to sudden upward movements caused by positive news or large capital inflows in the cryptocurrency market. If the price breaks above 425 and stabilizes, stop losses should be executed promptly. Also, control position sizes during evening trading to avoid extreme risks from unidirectional moves.