11.13 Friday Xuwen $ZEC Strategy
Weak multi-timeframe confluence: Although there has been a rebound on the 15-minute timeframe, the bottom data shows a 7-day decline of -30.30% and a 30-day decline of -17.72%. The medium- and short-term trend remains in a corrective phase within a downtrend.
2. 15-minute timeframe (short term): After a sharp drop with a wick down to 879.60, there was a clear V-shaped reversal. The current price (940.92) is now holding above MA5 (925), MA10 (912), and MA20 (927). The short-term moving averages are in bullish alignment, and momentum is relatively strong.
3. Volume (VOL): Volume increased during the decline (panic selling). While there has been volume on the rebound, it is somewhat lower than during the decline. This suggests the current rally is driven more by short covering (closing positions) than by large-scale active buying.
Trading plan: Short into resistance in the 950–970 range, stop-loss at 990, target 880; if support breaks, look to 850
$ZEC #加密美股齐跌，下轮反弹的驱动力在哪？
Weak multi-timeframe confluence: Although there has been a rebound on the 15-minute timeframe, the bottom data shows a 7-day decline of -30.30% and a 30-day decline of -17.72%. The medium- and short-term trend remains in a corrective phase within a downtrend.
2. 15-minute timeframe (short term): After a sharp drop with a wick down to 879.60, there was a clear V-shaped reversal. The current price (940.92) is now holding above MA5 (925), MA10 (912), and MA20 (927). The short-term moving averages are in bullish alignment, and momentum is relatively strong.
3. Volume (VOL): Volume increased during the decline (panic selling). While there has been volume on the rebound, it is somewhat lower than during the decline. This suggests the current rally is driven more by short covering (closing positions) than by large-scale active buying.
Trading plan: Short into resistance in the 950–970 range, stop-loss at 990, target 880; if support breaks, look to 850
$ZEC #加密美股齐跌，下轮反弹的驱动力在哪？
