ZEC appears to have established a solid support foundation around the $350 level. Technical indicators suggest a potential reversal pattern forming, with price action eyeing the $747 resistance zone. The risk-reward setup looks compelling for those tracking this privacy coin's momentum shift.

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MoneyBurner

· 22h ago

Did 350 hold up? Then I have to ask, is this really not just a dead cat bounce this time... But about that 747 level, what does the on-chain data say? Is it accumulation or arbitrage? I'm betting this wave can break through.

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ZeroRushCaptain

· 12-03 14:55

Bro, $350 support? I believed that last time too, and ended up getting halved all the way to hell. Contrarian indicator activated. As for that $747 resistance level, I wouldn’t dare touch it. History taught me that going the opposite way is the only way to survive. Privacy coin momentum? To put it nicely, it’s a reversal; to put it bluntly, it’s just a last gasp before death. I’m betting it’ll either moon or go to zero. This risk-reward setup—what setup? My lesson is that the things I’m most bullish on usually die the fastest. Bottom-fishing mentality is bad, but I just can’t quit it. Let’s charge in one more time, I’ve already been wiped out before anyway.

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HodlAndChill