January 12 Morning ZEC Suggestion

ZEC bearish pattern is clear, with the four-hour chart showing continuous plunging movement. The market has entered a predominantly bearish phase. During price rebounds, there is a noticeable resistance from the middle band of the Bollinger Bands. The current rebound is merely a technical correction after a decline, lacking structural support and volume confirmation, and does not indicate a trend reversal. This rebound instead provides a better entry point for short positions and does not imply a change in market direction.
Trading Suggestions
Short near 416-418 on the rebound, with targets down to 380-360. If broken below, continue to watch for a drop to 320.
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