🚨🐻 $ZEC Rejected Hard at Resistance – Bearish Move Incoming!
Price action just flipped the script! After testing $49.99, $ZEC got slapped back down, signaling a potential bearish reversal. The RSI is overheated at 72, and that nasty wick above $49.90 screams fading bullish strength!
⛔ Lower highs forming and momentum slipping = time to watch for a short setup!
SHORT TRADE SETUP:
📍 Entry: $49.00 – $49.30
🎯 Targets: $47.20 / $46.60
🛑 Stop Loss: $50.10
Outlook:
With sellers stepping in and local highs getting rejected, a drop toward $46.80 looks likely. Keep an eye out for a bearish engulfing candle or a spike in volume to confirm the move!
⏳ Don’t wait for confirmation when the signal is this clear. Early entries = early rewards — ride the trend before it leaves the station!
Buy and trade with $ZEC 🐸📉💼
#CryptoAnalysis #zec #BearishSetupj #SaylorBTCPurchase #BinanceSignals