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$ZEC 15-Minute Market Status Current price 1545.76, RSI=23.98, already in the oversold zone, MACD continuously declining, all moving averages above the price, indicating oversold conditions during a downtrend, which does not mean a stop in the decline or a reversal. - Oversold indicates short-term downward momentum is showing signs of exhaustion, but no confirmed reversal candlestick (hammer, bullish divergence close) has appeared; it’s just that the price has fallen a lot and can continue to probe lower at any time. - Key support below: 1523, then 1500.73; first resistance above at 1557 (MA5), strong resistance at 1571. Conclusion: Not recommended to go long at the current price 1. Going long directly at the current price is bottom fishing and risky; the larger timeframe is still in a correction trend, and this is only a small timeframe oversold condition, so it can easily drift down or spike below 1523. 2. Strict conditions for a long trade (all must be met before considering a very small position): ✅ 15-minute close holds above 1523 without breaking down ✅ Appearance of bottom candlestick + RSI bullish divergence ✅ Price breaks above 1557 short-term moving average Stop loss must be placed below 1500; exit unconditionally if broken. Two alternative strategies - Conservative: continue to wait and watch, confirm bottom structure first, do not bottom fish prematurely. - Aggressive: do not enter at current price, wait for a pullback near 1523 to stabilize and form a reversal candlestick, then consider a light position long. Risk reminder: Altcoins have weaker liquidity; sudden spikes can cause slippage on stop losses, so never take heavy positions.