【$ZEC Signal】Ambush Entry! 1H Oversold Divergence, Waiting for Pullback Confirmation

$ZEC On the 1H timeframe, testing a key support zone rapidly, price dropped from 240.87 to around 232.7, forming short-term oversold conditions. The 1-hour RSI has fallen to 45.7, approaching the oversold area, and is forming a potential bullish divergence with the price. On the 4-hour timeframe, the price is supported above the EMA50 (231.35), with overall open interest remaining stable and no signs of panic selling, indicating more of a bullish shakeout rather than a main force distribution. Currently, there are large sell orders stacked above the best ask, but strong buy support around 232.5 creates a support wall.

🎯Direction: Long (Pullback Entry)

⚡Entry/Order: 231.6 - 232.7

🛑Stop Loss: 228.5

🚀Target 1: 238.0

🚀Target 2: 242.5

🛡️Trade Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to the entry level. Hold the remaining position to aim for Target 2. If price stalls near Target 1, consider taking full profit.

Depth Logic: Although the price has declined, open interest remains stable, indicating funds have not exited the market and may be accumulating. The 1-hour candlestick shows a long lower shadow at a key support zone, indicating buying support. The 4-hour EMA50 is a critical support/resistance level; if it stabilizes here and combined with a bullish divergence on the 1-hour RSI, it could trigger a technical rebound. The first resistance above is at 238 (the previous 1-hour support), and after breaking through, target 242.5 (near the 4-hour high).

View real-time market 👇 $ZEC

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