$ZEC USDT BEARISH REVERSAL – MAJOR DUMP AFTER PARABOLIC RALLY

After a strong parabolic rise, $ZECUSDT has triggered a sharp bearish reversal, breaking out of its rising channel and heading towards previous support zones.

🔑 Key Levels:

Resistance: $46.10

Current Price: $40.32

Support: $38.60 – $38.70

💥 Trade Setup (Short):

Entry: $40.30 – $41.00

Take Profit: $38.70 / $37.90

Stop Loss: $44.50

📉 Market Outlook:

The momentum has flipped from extreme bullish to strong bearish after a vertical rise and sudden rejection from $46 levels. Breakdown of the ascending channel indicates further downside potential towards the demand zone near $38.60.

⚠️ Risk Management:

Always trade with calculated risk. Use strict SL to avoid deep losses in such volatile reversals. Never risk more than 1-2% of your capital per trade.

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