14-point tracking: The 1,350 support given in the morning withstood the first test. After ZEC broke through 1,388, it briefly reached a peak of 1,396, then quickly pulled back to 1,347. However, both complete 1-hour candlesticks still closed at 1,363 and 1,358 respectively—bounce has not been confirmed as a breakdown yet.
As of 14:02, ZEC is at 1,362, up 16.96% over the past 24 hours, with trading volume of about $4.35 billion. Open interest rose from about 556,000 coins in the morning to 561,000 coins. The funding rate remains at -0.0283%, indicating that disagreement at higher levels has not disappeared.
Updated conclusion: The bullish structure is still intact, but upside momentum has cooled. Keep 1,350 as the ongoing long/short dividing line. If the hourly chart validly breaks below it, be on guard for an expansion of profit-taking. Only after reclaiming 1,380 will it have the qualification to test 1,396 again. If you’re not in the market, don’t chase prices in high-volatility conditions. $ZEC #ZEC #午间跟踪 #Market Watch
As of 14:02, ZEC is at 1,362, up 16.96% over the past 24 hours, with trading volume of about $4.35 billion. Open interest rose from about 556,000 coins in the morning to 561,000 coins. The funding rate remains at -0.0283%, indicating that disagreement at higher levels has not disappeared.
Updated conclusion: The bullish structure is still intact, but upside momentum has cooled. Keep 1,350 as the ongoing long/short dividing line. If the hourly chart validly breaks below it, be on guard for an expansion of profit-taking. Only after reclaiming 1,380 will it have the qualification to test 1,396 again. If you’re not in the market, don’t chase prices in high-volatility conditions. $ZEC #ZEC #午间跟踪 #Market Watch