$ZEC Quick look at the token: price is around $420 after testing highs near $440 and lows near $390 in the past day. Short-term indicators show momentum cooling but not broken — moving averages are flattening and price is inside the Bollinger bands, so the market is between consolidation and a new leg. RSI sits mildly bullish; MACD is turning up from a small dip.
What I’m watching:
Bull case: keep above the short MA and break past the recent high → momentum could push prices higher quickly.
Bear case: fail the short MA and drop below $390 → next support near where bands widen.
Neutral: sideways chop while volume stays low → wait for a clean breakout.
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$ZEC Quick look at the token: price is around $420 after testing highs near $440 and lows near $390 in the past day. Short-term indicators show momentum cooling but not broken — moving averages are flattening and price is inside the Bollinger bands, so the market is between consolidation and a new leg. RSI sits mildly bullish; MACD is turning up from a small dip.
What I’m watching:
Bull case: keep above the short MA and break past the recent high → momentum could push prices higher quickly.
Bear case: fail the short MA and drop below $390 → next support near where bands widen.
Neutral: sideways chop while volume stays low → wait for a clean breakout.
Refined short-term outlook (shown in chart 2):
Regression-based projection: slight upward tilt (conservative).
Bull scenario: fast short-term run (example +1.5%/hr) if breakout with volume.
Bear scenario: slow bleed (example −1.0%/hr) if sellers return.
Simple action ideas (not financial advice):
Short-term traders: watch MA5/MA10 cross and use tight stops.
Swing traders: wait for a clear daily close above the recent high or below the $390 area before committing.
Always size risk so a small stop doesn’t hurt your plan.