$ZEC is flashing signs of exhaustion capitalize on the dip before it’s too late❗ $ZEC Rejection at $38❗Is a Pullback Incoming❓#ZEC has had a strong bullish push, climbing to a 24H high of $38.92, but the price faced immediate rejection, leading to a sharp pullback. The bearish engulfing pattern and rising wicks suggest that buyers are losing control, increasing the likelihood of a retracement.

📊 Key Levels to Watch:

Resistance: $38.50 – $38.90

Support: $37.50 / $36.80

24H Range: $35.74 – $38.92

🎯 Short Trade Setup:

Entry Zone: $37.50 – $37.80 (on confirmation of rejection)

Targets:

TP1: $37.00

TP2: $36.50

TP3: $35.80

Stop Loss: $39.00 (just above 24H high)

📉 Market Insight:

The bearish candle rejection near $38.92, coupled with weakening bullish momentum, signals a possible short-term reversal. A breakdown below $37.50 would confirm the pullback and initiate further downside.

⚡️ Pro Tip:

Monitor for a 15m candle close below $37.50 for stronger confirmation of a bearish continuation.

Trail your stop loss to secure profits in case of sudden reversals or increased volatility.

buy and trade here $ZEC