$ZEC recently rallied strongly toward $547 but is now showing signs of a bullish exhaustion and bearish reversal. The price is struggling to hold above $528, with expanding volatility indicating a potential correction phase ahead.
Trade Setup:
Entry: $528.00
Take Profit (TP1/TP2): $500 / $480
Stop Loss (SL): $545
Margin: 2ā3% of wallet
Leverage: 10x
Market Outlook:
After a strong bullish run, ZEC is forming a reversal pattern that could lead to a short-term pullback. Watch for rejection candles near $540ā$545 before confirmation of further downside.
