2025-12-03 21:20:35

Previously, I thought ZEC could stabilize around the 400 level and considered catching a lower shadow to go long. But now, looking at the daily chart, volume has started to increase, and the volume movement on the 1-hour chart looks really bad—it doesn’t look like accumulation at all, it feels more like the main players are selling off.

The relatively safe strategy right now is to keep a close eye on the performance around the 400 line. If there’s a breakout with volume followed by a retest and stabilization, it could be worth considering a long position. If it’s a false breakout, you might try catching the wick to go short. But honestly, the most rational choice is to stay on the sidelines for now.

One more reminder: if you do go long now, make sure to control your position size carefully, since the overall trend is still downward. Don’t go against the trend.

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MEVHunterZhang

· 12-03 21:44

The sell-off is so obvious, and yet people still dare to buy? I’m honestly speechless. --- That 400 barrier really feels like a trap. --- Watching from the sidelines is probably the safest choice right now. --- Looking at the daily volume spike, it’s clear the main players are dumping. Don’t be greedy. --- Keep your positions light; this downward trend isn’t over yet. --- A fake breakout is more likely—I choose to wait. --- With ZEC’s current trend, I really don’t dare to go long. --- The key is to not go against the trend, or you’ll suffer heavy losses.

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LiquidityWizard

· 12-03 21:41

The 400 level really has become a psychological barrier, and it definitely feels like the main players are offloading their positions. This ZEC move feels like it’s about to break down, the trading volume doesn’t lie. It’s right to stay on the sidelines, don’t rush to catch a falling knife. Make sure your position is very light, don’t take unnecessary risks in a downtrend. Wait for a fake breakout—even then, it might not be a good time to catch the wick. This trading volume really doesn’t show any signs of accumulation, it’s just pure selling. If 400 breaks, it’ll probably keep going down, it’s looking risky.

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zkProofInThePudding

· 12-03 21:34

Looking at the volume is indeed a bit uncomfortable, but I still have to keep an eye on the key 400 level. If this turns out to be a fake breakout, I’d laugh—it’s a perfect opportunity to open a short. Staying on the sidelines is safer anyway, since the trend hasn’t reversed yet. Is the main force pulling their usual distribution trick again? They’re making me want to go short. Positions must be tightly controlled—don’t get stuck. Whether 400 breaks or not is a watershed moment, so let’s wait a bit longer. This volume really doesn’t look like accumulation, feels more like the main force is exiting. Wait for a pullback and stabilization before acting—jumping in now is just giving your money away. The whole market is still dropping, going against the trend is just asking for trouble.

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MidnightSnapHunter

· 12-03 21:31

The signs of major players offloading are so obvious, it’s better to stay on the sidelines for now—don’t get caught. It doesn’t look like the 400 level can hold, you can tell what’s going on just by looking at the volume. Waiting for a fake breakout wick is much safer than blindly going long, seriously. It’s another downward channel—being greedy now is just asking for trouble. Proper position management is absolutely crucial. There’s no sign of accumulation at all, it’s clearly the big players dumping. I can see that. Instead of chasing the highs, it’s better to wait for a reversal opportunity. Jumping in now is just handing over your money. The daily volume pattern looks uncomfortable, so staying on the sidelines is the right call.

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