1.19 ZEC

In the morning, ZEC experienced a rapid dip followed by a V-shaped rebound. After briefly touching the key support level at 333 and failing to continue downward, it then initiated a corrective rebound, with the current price back above 340. The technical indicators show clear signs of warming: the KDJ indicators on the 1-hour and 4-hour charts are both crossing upward in sync, indicating that short-term bullish momentum is beginning to gather; combined with the formation of a "single needle bottom" pattern around the 333 area and the fact that it did not break below the previous core support zone of 325-330, this suggests strong support below and that the downward correction momentum has significantly weakened.

From a market logic perspective, as the leading privacy coin, ZEC currently benefits from the return of privacy narratives and institutional allocation needs, coupled with liquidity support during the Federal Reserve's easing cycle. The medium- to long-term bullish structure remains intact; although short-term declines are influenced by broader market volatility, bottom-fishing funds entering at low levels are driving the rebound, which is a healthy correction within the trend.

Trading suggestions: Rely on support levels for low-range long positions, enter gradually, and strictly control risk.

Entry zone: Gradually build long positions around 340-350,
Target: 380-400 (upper Bollinger Band + previous resistance level)

Key execution points:

Wait for volume confirmation before entering; if the rebound is accompanied by moderate increase in trading volume, add to positions; if volume shrinks during the rebound, be cautious about chasing highs, and prioritize waiting for a pullback to the lower end of the zone before establishing positions.
Watch the key resistance at 380-385 (MA60 resistance). If the first attempt to break through fails to see volume increase, consider temporarily reducing positions to avoid turbulence, and re-enter after stabilization.
If the price unexpectedly breaks below 330, exit immediately to avoid deep corrections caused by trend reversal. Reassess and plan again once new stabilization signals appear.