Today, ZEC surged 18.87% in a single day, but the market shows characteristics of "oversold rebound + volume-price divergence". We need to adopt a strategy focused on short positions and avoid chasing long positions to steer clear of catching the short-term top. It has currently broken through the upper Bollinger Band, indicating a "morning impulse + afternoon fatigue". The surge is part of "emotional recovery after an oversell", not a trend reversal!
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11.23 midday market analysis and strategy
Today, ZEC surged 18.87% in a single day, but the market shows characteristics of "oversold rebound + volume-price divergence". We need to adopt a strategy focused on short positions and avoid chasing long positions to steer clear of catching the short-term top. It has currently broken through the upper Bollinger Band, indicating a "morning impulse + afternoon fatigue". The surge is part of "emotional recovery after an oversell", not a trend reversal!
$ZEC Moving south in the 590-600 range, the initial target is 520, breaking through to 490.
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