$ZEC

ZEC
ZECUSDT
229.9
-5.18%

EC / Zcash

Sell-the-rally bias as price rejects 253 supply, prints lower high on 45m, and compresses back into EMA cluster, signaling distribution after impulsive breakout with weakening follow-through.

Bias: SHORT

Entry: 238.0 – 242.0

Stop-Loss: 254.5

TP1: 233.0

TP2: 226.0

TP3: 220.5

As long as price holds below 254.5, downside rotation toward prior demand remains favored; acceptance above that level invalidates the distribution thesis. Position sizing must respect recent volatility expansion.

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