【Zuo Zuo Market Alert】🚨 1,276 couldn't hold? Relative strength may really be over
Following today's 12:0x recap: after idea trade No. 22 hit its stop-loss, I said that holding 1,276 would count as a shakeout; a high-volume break below it would end the relative strength.
As it turned out, the 13:00 1H candle hit a low of 1,258.68, with trading volume of 9.3M U (the previous candle was only 5.8M)—a clear high-volume breakdown. Current price: 1,269, down 4.3% over 24H; BTC: 75,674, down 6.1% over 24H (Binance spot).
What to watch next:
① Reclaim 1,276 = false breakdown; there's still a chance to stabilize
② Lose 1,258 again = next stop around 1,213, the 24H low
Now that relative strength has broken down, would you buy the dip on ZEC, or watch the broader market first? 👇
#ZEC #Zcash #左左异动速报 #加密市场
$ZEC
Following today's 12:0x recap: after idea trade No. 22 hit its stop-loss, I said that holding 1,276 would count as a shakeout; a high-volume break below it would end the relative strength.
As it turned out, the 13:00 1H candle hit a low of 1,258.68, with trading volume of 9.3M U (the previous candle was only 5.8M)—a clear high-volume breakdown. Current price: 1,269, down 4.3% over 24H; BTC: 75,674, down 6.1% over 24H (Binance spot).
What to watch next:
① Reclaim 1,276 = false breakdown; there's still a chance to stabilize
② Lose 1,258 again = next stop around 1,213, the 24H low
Now that relative strength has broken down, would you buy the dip on ZEC, or watch the broader market first? 👇
#ZEC #Zcash #左左异动速报 #加密市场
$ZEC
