$ZEC is showing clear bearish continuation after failing to hold above the key resistance zone around 400 – 414. Price faced repeated rejection near the range high and then broke down from the consolidation support around 392 – 390, confirming weakness in the structure. Current price action near 390 suggests sellers are in control, and as long as price stays below the broken range, further downside continuation remains likely toward the lower support zone.

Trade Setup 📉

• Entry Point: 392 – 400

• Stop Loss: 414

• Take Profit:

  TP1: 380

  TP2: 368

  TP3: 356

• Margin: 2–3% of wallet

• Leverage: 10x

Market Outlook 🔍

Market structure remains bearish with rejection from range highs and loss of key support. Expect continuation to the downside unless $ZEC reclaims and sustains above the 400 – 405 resistance zone.