3.26 Sister Ke Market Analysis $ZEC
The hourly level has been in a continuous decline, but the buy orders near the lower Bollinger Band around 218 are extremely thick, fully exposing the intention to support the funds. The hourly RSI has fallen below 25, indicating severe overselling. The MACD hourly bearish momentum bars have begun to contract, showing signs of exhaustion in selling pressure.
Direction: Go Long
Entry/Limit Order: 218.50 - 219.33
Stop Loss: 211.49
Target 1: 250.69
Target 2: 266.37
Trade Management:
- Execution Strategy: Reduce position by 50% after reaching Target 1 and move the stop loss to the breakeven point. If the price drops back to the entry point, exit automatically to protect the principal.
Maintain a stable position size; although the price is falling, it has not triggered large-scale liquidation, indicating that the main force is controlling the pace. The market depth shows a large number of buy orders accumulated below 222, and the selling pressure near 221 has been quickly absorbed. This decline seems more like a washout of floating stocks rather than a trend reversal. The risk-reward ratio exceeds 4, making it worth laying in wait.
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