2026-01-06 22:23:17

Looking at ZEC's recent trend, the 1-hour RSI has already dropped to 29.2. Generally, this indicates an oversold zone. However, there is a problem—after the MACD formed a death cross below the zero line, there has been no sign of recovery, and the price is being tightly pressed down by multiple moving averages. This slow decline makes it difficult to determine where the bottom is.

The current price is around 496.16, which is somewhat tempting, but honestly, it's not an ideal entry point. The technical indicators show that the bearish pressure still exists, and rushing to buy the dip could lead to pitfalls. If you want to participate, it's better to wait until the MACD shows signs of improvement or a key support level is confirmed. For now, caution is advised.

ZEC0.82%

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IronHeadMiner

· 01-09 12:57

This wave of ZEC is indeed a bit bearish, with RSI dropping to 29 and still falling, the bears are not giving any chance.

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OnChainSleuth

· 01-08 08:30

ZEC, this lousy position is really frustrating. Although RSI is oversold, MACD is still in a death cross. It feels like the bottom hasn't been reached yet.

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LoneValidator

· 01-06 22:53

The 496 price point looks tempting, but the MACD isn't showing any signs of improvement. I'm really hesitant to jump in.

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FlatTax

· 01-06 22:46

To be honest, the 496 level is definitely not the bottom. The MACD isn't showing any signs of improvement, and rushing to buy the dip is just asking for trouble.

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ThreeHornBlasts

· 01-06 22:43

This price of 496 is indeed tempting, but the MACD death cross hasn't been reversed yet. I'll still choose to stay on the sidelines.

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JustHodlIt

· 01-06 22:36

Oh no, trying to buy the dip again and getting trapped, I've seen this happen too many times. --- RSI oversold doesn't mean you can buy; this is the most common trap for beginners. --- Wait for MACD to recover before acting; jumping in now is just giving away money. --- 496 dollars looks cheap, but a break below is the real test. I'm still on the sidelines. --- With such fierce bears, who dares to catch the flying knives? Better wait a bit. --- This wave is a bit slow, and it's really hard to see where the bottom is.

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