$ZEC
$ZEC$ printed a long liquidation at $237.76$, showing that buyers were forced out during a downside move. This signals weakness and confirms that resistance near $245.00$ remains strong. The structure now favors bearish continuation toward lower liquidity.
EP: $236.00$ – $240.00$
TP1: $225.00$
TP2: $212.00$
TP3: $198.00$
SL: $248.00$
The trend is weakening with lower highs forming below $245.00$.
Momentum shifted bearish after long liquidations cleared downside liquidity.
Failure to reclaim $245.00$ keeps pressure toward $212.00$ and potentially $198.00$.
ZEC
232.57
-2.56%
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