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$ZEC Signal】1H Oversold Rebound Play, Sniping 4H Support Level Rebound
$ZEC The 1H timeframe is in the oversold zone, with the price forming initial support around 237.5-238. The 4H timeframe is still in a downtrend, but the 1H RSI shows early signs of divergence, indicating a short-term technical rebound demand. Currently, buy orders are unusually concentrated around 237.9-238.1, showing that funds are defending this level. Combined with stable Open Interest (OI), this is not panic selling, providing an opportunity for short-term trading.
🎯Direction: Go Long (Long)
🎯Entry/Order: 237.8 - 23