2026-01-16 07:23:15

ZEC's recent trend is quite interesting. On the H1 level, this coin has stabilized around the 406 support level. In the privacy coin sector, there has been a significant influx of funds in recent days. The previous oversold rebound combined with short covering has clearly improved market sentiment.

From a technical perspective, once a volume breakout above 408 occurs, it is likely to trigger follow-up buying. The short-term rebound momentum remains sufficient, and many traders have positioned themselves at this level.

If you're interested, you might consider placing a trade within the 406-408 range, with a stop loss set at 404. Key levels to watch above are 414 and 416, with further targets potentially at 426. Of course, this is just a technical observation; actual trading decisions should be based on your own risk tolerance.

ZEC-0,31%

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FlyingLeek

· 22h ago

406 held steady, the recent influx of privacy coins is indeed promising, but I'll wait until a breakdown occurs before making any moves.

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CompoundPersonality

· 22h ago

ZEC this wave is indeed interesting, holding at 406 feels like the bulls still have a chance. Waiting for a breakthrough at 408 to try, but I'm still a bit worried about another false breakout... The privacy coin sector has recently seen some funds come back, optimistic about its subsequent performance.

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BoredApeResistance

· 22h ago

406 held steady, privacy coins are quite interesting this time, the bears have probably been scared away.

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SlowLearnerWang

· 22h ago

Ah, it's that moment of "I only realize there's a chance now," and I've definitely missed the earlier rally... I only saw that 406 has stabilized, typical of my late realization nature.

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GweiWatcher

· 22h ago

406 has stabilized. The rebound in privacy coins is still somewhat interesting, and the bandwagon traders are already getting restless.

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FlippedSignal

· 22h ago

As long as you can hold on to 406, that's fine; I'm just worried about another sudden crash.

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AltcoinTherapist

· 22h ago

406, this support level is quite interesting. I also noticed the recent flow back of privacy coins. Only a breakthrough above 408 would be promising. For now, let's stay on the sidelines.

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