11.23 Midday Market Analysis and Strategy
Today, ZEC surged 18.87% in a single day, but the market shows characteristics of 'oversold rebound + volume-price divergence.' It is necessary to adopt a strategy focused on short positions and avoid chasing long positions to prevent catching the short-term top. Currently, it has broken through the upper Bollinger Band, belonging to 'early pulse + afternoon fatigue.' The surge is part of an 'emotional recovery after overselling,' rather than a trend reversal!
$ZEC 590-600 area moving south, initial target set at 520, breaking down to 490
