$ZEC — Short Setup

ZEC is currently trading at $57.03 (+4.11%), pulling back after rejection at $61.40, which established a lower high. Selling pressure is evident in the $58–59 resistance zone, while $57.00 stands as key short-term support. A decisive break beneath this level could open the door to deeper downside.

Trade Plan:

Entry: 57.20 – 57.80

Target 1: 55.80

Target 2: 54.20

Target 3: 52.50

Stop Loss: 59.20

The broader trend signals potential for continued bearish momentum if support gives way.