$ZEC
๐ ZEC / USDT Market Update
๐ Trend Insight:
ZEC is experiencing strong selling pressure after failing to sustain above recent intraday highs.
๐ Trade Bias: SHORT
๐ Trade Plan:
๐ Entry Range: 240.50 โ 242.00
๐ Stop Loss: 247.80
๐ฏ Take Profit Levels:
โข TP1: 236.00
โข TP2: 232.50
โข TP3: 228.00
๐ Technical Breakdown:
ZEC has formed a clear bearish structure with aggressive sell-offs supported by rising volume. Attempts to recover are weak, suggesting distribution rather than accumulation.
๐ง Execution Tip:
Wait for pullbacks into resistance before entering shorts. Momentum favors sellers as long as price stays below 242.
โ ๏ธ This is a technical perspective, not financial advice.
๐ Trade wisely & manage risk
ZECUSDT
Perp
233.39
-3.86%