🚨 $ZEC USDT BEARISH BREAKDOWN – PRICE SLIPS BELOW CRUCIAL SUPPORT 🚨
ZECUSDT has confirmed a strong bearish move after breaking below the $38.00 psychological support zone. Currently trading at $37.78 (-5.71%), the pair shows continued selling pressure with no immediate reversal signs on the 30m timeframe.
🔑 Key Levels
Support: $37.50 (immediate), $36.80 (major)
Resistance: $38.50 (minor recovery), $40.00 (trend resistance)
Current Price: $37.78
🎯 Trade Setup
Entry (Short): $37.80 – $38.00
Take Profit 1: $37.50
Take Profit 2: $36.80
Stop Loss: $38.50
📉 Market Outlook The trend remains bearish as sellers dominate after a strong breakdown candle. Any minor pullbacks towards $38.00–$38.50 are expected to attract renewed selling interest unless bulls reclaim $40.00 with volume confirmation.
⚠️ Risk Management Trade with proper position sizing; risk only 1–2% of your capital per trade to manage volatility and avoid emotional decisions.
buy and trade here on $ZEC
💬 Do you expect ZEC to continue falling this week? Comment your target below.
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