2026-01-16 07:23:15

ZEC's recent trend is quite interesting. On the H1 level, this coin has stabilized around the 406 support level. In the privacy coin sector, there has been a significant influx of funds in recent days. The previous oversold rebound combined with short covering has clearly improved market sentiment.

From a technical perspective, once a volume breakout above 408 occurs, it is likely to trigger follow-up buying. The short-term rebound momentum remains sufficient, and many traders have positioned themselves at this level.

If you're interested, you might consider placing a trade within the 406-408 range, with a stop loss set at 404. Key levels to watch above are 414 and 416, with further targets potentially at 426. Of course, this is just a technical observation; actual trading decisions should be based on your own risk tolerance.

ZEC-5.73%

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BankruptcyArtist

· 01-19 07:11

Privacy coins have indeed gained some traction these days. The recent rebound of ZEC still feels like a good entry point. Once it breaks 408, it will be easier to take off. I also have a positive outlook on this level.

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PermabullPete

· 01-19 06:30

Privacy coins are about to rise, and all the previous panic selling has been wiped out.

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MetaMaximalist

· 01-17 23:17

privacy coins finally getting some institutional attention... though let's be real, zec's adoption curve is nowhere near what we need for actual mainstream onboarding. 406 support's nice and all but without real protocol sustainability underneath, it's just noise tbh

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FlyingLeek

· 01-16 07:53

406 held steady, the recent influx of privacy coins is indeed promising, but I'll wait until a breakdown occurs before making any moves.

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CompoundPersonality

· 01-16 07:51

ZEC this wave is indeed interesting, holding at 406 feels like the bulls still have a chance. Waiting for a breakthrough at 408 to try, but I'm still a bit worried about another false breakout... The privacy coin sector has recently seen some funds come back, optimistic about its subsequent performance.

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BoredApeResistance

· 01-16 07:51

406 held steady, privacy coins are quite interesting this time, the bears have probably been scared away.

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SlowLearnerWang

· 01-16 07:47

Ah, it's that moment of "I only realize there's a chance now," and I've definitely missed the earlier rally... I only saw that 406 has stabilized, typical of my late realization nature.

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GweiWatcher

· 01-16 07:38

406 has stabilized. The rebound in privacy coins is still somewhat interesting, and the bandwagon traders are already getting restless.

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FlippedSignal

· 01-16 07:35

As long as you can hold on to 406, that's fine; I'm just worried about another sudden crash.

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AltcoinTherapist

· 01-16 07:35

406, this support level is quite interesting. I also noticed the recent flow back of privacy coins. Only a breakthrough above 408 would be promising. For now, let's stay on the sidelines.

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