$ZEC
Overall trend is still bearish, but there’s a clear opportunity for a short-term long scalp on the 4H timeframe.
Price Action Insights:
ZEC faced a strong rejection near 345 (24H high) and has been printing lower highs, confirming short-term bearish pressure.
A potential support zone is forming around 330–333, where price is attempting to stabilize.
Recent candles show multiple long lower wicks near 320.3, signaling that buyers are stepping in aggressively at this level.
The declining volume during consolidation suggests selling momentum is fading rather than accelerating.
Capital flow data supports this view, with a 1H net inflow of ~1.4M USDT, indicating early buying interest.
Long Setup – $ZEC
Preferred Entry: Clean break and hold above 335 with strong volume confirmation.
Alternative Entry: A bounce from the 327–330 support zone, ideally backed by an RSI reversal.
Risk Management:
Stop Loss: 320 USDT
Targets:
Primary Target: 339 (near-term resistance)
Secondary Target: 345 (next major resistance)#zec #ZECUSDT #USGovShutdown