$ZEC

USDT BEARISH REVERSAL – BULLS CRUSHED AFTER SHARP SELL-OFF

The ZECUSDT pair faced a brutal rejection near $46, wiping out earlier gains and triggering aggressive sell pressure. Current price action reflects a decisive bearish reversal with sellers dominating below key levels.

🔑 Key Levels:

Current Price: $39.14

Resistance Levels: $41.50 – $44.00

Support Levels: $38.80 (24h low), further at $37.50

📊 Trade Setup (Short):

Entry Zone: $39.50 – $39.00

Take Profits:

TP1: $38.80

TP2: $38.00

TP3: $37.50

Stop Loss: $41.00

📉 Market Outlook: The momentum has shifted entirely bearish after the failed breakout above $46, leading to a swift dump and consistent lower highs. If price stays under the $41.50 resistance zone, further downside continuation is likely towards deeper supports.

⚠️ Risk Management: Always manage your position size strictly. Risk only 1-2% of total capital per trade to remain safe against sudden volatility spikes or reversal wicks.

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