$ZEC – Short-term Selling Opportunity
ZEC is trading near a critical resistance area, providing a potential selling opportunity with an attractive risk-to-reward ratio.
The price shows signs of weakness after failing to maintain momentum above 40.60, with the possibility of a bearish reversal towards the next support levels.
Sell Trade Setup:
• Entry Area: 40.30 – 40.14
• Stop Loss: 42.20
• Targets:
– 40.00
– 39.30
– 37.90
As long as the price remains below 41.00, the bearish scenario retains its validity.
Watch for the upcoming movement near 40.00 to confirm the trend.
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