ZEC's recent trend is indeed worth paying attention to. Since breaking below the 512 support level, the market has started to weaken. The white line, which rose from 301, has currently only completed three segments. If it cannot hold above 476, it will be very difficult to make another upward move. In that case, this wave of rally can only be considered a rebound. The key resistance today is at 516.6. If the bulls cannot break through this level, the probability of continuing weakness will be high. Therefore, the current focus is on whether it can break through this resistance level to determine the subsequent direction.
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SilentObserver
· 11h ago
516.6 can't be broken, and that would be really awkward. It seems like ZEC is a bit weak in this wave.
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SellLowExpert
· 11h ago
If we can't break through this 516.6 level, we'll have to eat noodles again...
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MissingSats
· 11h ago
If 516.6 can't be broken, it's basically over; it seems the bulls don't have much strength left.
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FlashLoanLarry
· 11h ago
honestly 516.6 is just another liquidity sink... watch the bid-ask spread tighten if we're actually breaking through or it's just performative wicks
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VirtualRichDream
· 11h ago
516.6, this resistance line is truly a life-and-death line; if you can't break through, you'll run into trouble.
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SerumSquirter
· 11h ago
If we really can't break through this 516.6 level, we need to be cautious.
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GasWaster
· 11h ago
516.6 or bust honestly... watched this exact pattern drain my L2 bridge fees last cycle, never again lmao
ZEC's recent trend is indeed worth paying attention to. Since breaking below the 512 support level, the market has started to weaken. The white line, which rose from 301, has currently only completed three segments. If it cannot hold above 476, it will be very difficult to make another upward move. In that case, this wave of rally can only be considered a rebound. The key resistance today is at 516.6. If the bulls cannot break through this level, the probability of continuing weakness will be high. Therefore, the current focus is on whether it can break through this resistance level to determine the subsequent direction.