$ZEC It surged to 1348 and then fizzled out? Don’t panic—take a closer look at these points first.
ZEC was looking strong just now, climbing all the way from 1226 to 1348. It looked ready to take off.
But what happened? It hit the top and immediately lost steam, and now it’s back around 1305.
A lot of people are starting to panic: Is this the top? Should I get out?
Here’s what I think, straight to the point.
First, 1348 was the short-term ceiling.
It shot up and was immediately pushed back down, which suggests sellers were waiting up there.
Want to make another run? First, it needs to break through 1348.
Second, I think this pullback is perfectly normal.
It climbed more than 100 points in one go, from 1226 to 1348, without even taking a breather.
After a rise that steep, a pullback is only to be expected.
Third, 1285 below is the make-or-break level.
That dashed line on the chart isn’t drawn at random—it marks a price level that was tested repeatedly before.
If it retests this level and holds, the bulls still have a chance; if it doesn’t, the next stop is 1250.
As for trading, don’t overcomplicate it:
Don’t chase the price.
If it retests 1285–1290 and holds steady, consider a small long position, with a stop-loss below 1275 and a target of 1320.
If it breaks below 1285, get out for now—don’t stubbornly hold on.
One last thing:
At 1305, the bulls and bears are locked in a tug-of-war.
If it gets above that level, it could make another run; if it can’t hold, it may tumble lower.
If you still haven’t picked a direction, come to my profile and let’s discuss it together #以太坊ETF连续9日净流出