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USDT BEARISH BREAKDOWN – PRICE SLIDING TOWARDS KEY SUPPORT!

Zcash is currently trading at $38.18 (-2.70%), showing strong bearish momentum after rejecting multiple resistance zones.

🔑 Key Levels:

Resistance: $39.27 – $40.21 (strong supply zone)

Support: $37.06 (target support level)

Current Price: $38.18

📉 Trade Setup (Short):

Entry: $38.20 – $38.50 (ideal pullback entries within breakdown continuation)

Take Profit (TP): $37.10 – $37.06

Stop Loss (SL): $39.30

📊 Market Outlook:

The market structure remains bearish as price fails to reclaim the previous support at $39.27. Sellers maintain control with descending highs and lows. Continuation towards $37.06 support is expected unless strong reversal candles emerge above $39.30.

⚠️ Risk Management:

Always risk 1-2% of your capital per trade. Stick to your SL to protect equity in fast-moving markets like ZEC.

💡 “Ride the trend, respect your levels, and let discipline secure your profits.”

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