📉 $ZEC — Continued selling pressure with bearish momentum dominance
ZEC continues to trade below key recovery levels, with failed attempts to bounce back and sellers regaining control whenever the price rises. This behavior reflects a persistent short-term downtrend.
🔴 SHORT setup on $ZEC
🟠 Entry zone: 405 – 415
🛑 Stop loss (Invalidation): 430
🎯 Targets:
• 400
• 390
• 380
⚡ Technical outlook:
• Bounces are being quickly sold off, reinforcing selling pressure.
• The price remains below crucial recovery levels, keeping the bearish trend intact.
• Continued failure to reclaim resistance may push the price towards a further drop.
• A clear break above 430 would invalidate this scenario and shift the advantage back to buyers.
📊 As long as the price stays under recovery zones, the advantage remains with sellers, with a continued possibility of gradual retracement. 🔻
$ZEC
ZEC continues to trade below key recovery levels, with failed attempts to bounce back and sellers regaining control whenever the price rises. This behavior reflects a persistent short-term downtrend.
🔴 SHORT setup on $ZEC
🟠 Entry zone: 405 – 415
🛑 Stop loss (Invalidation): 430
🎯 Targets:
• 400
• 390
• 380
⚡ Technical outlook:
• Bounces are being quickly sold off, reinforcing selling pressure.
• The price remains below crucial recovery levels, keeping the bearish trend intact.
• Continued failure to reclaim resistance may push the price towards a further drop.
• A clear break above 430 would invalidate this scenario and shift the advantage back to buyers.
📊 As long as the price stays under recovery zones, the advantage remains with sellers, with a continued possibility of gradual retracement. 🔻
$ZEC