$ZEC /USDT BEARISH SIGNAL — BULLS EXHAUSTED AFTER FAILING TO HOLD ABOVE $50!
$ZEC /USDT saw a sharp rally toward the $51 zone but failed to sustain above psychological resistance. The recent hourly candles show consistent lower highs with increasing bearish pressure. Current price at $47.46 suggests the uptrend is weakening, and a pullback toward lower support is likely.
Trade Setup (SHORT):
Entry: $47.80
Targets (TP): $46.20 / $44.50
Stop Loss (SL): $49.50
Market Outlook:
A clear bearish structure is forming with distribution signs after the parabolic run. Momentum is shifting to sellers unless price reclaims $49+. A deeper correction may unfold if volume rises on the next drop.
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