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$ZEC Showing Bearish Consolidation Signals
$ZEC remains under bearish pressure as price continues to consolidate after a strong downside move. Recent K-line analysis shows that selling volume expanded significantly during declines, confirming active distribution by sellers. Although volume has eased in the latest candles, this slowdown suggests seller exhaustion rather than trend reversal.
Capital Flow Analysis further supports the bearish bias. Over the last 24 hours, contract outflows of -58M USDT and spot outflows of -15M USDT highlight continued capital exit. Short-term inflows, including a 4H contract inflow of 2.1M USDT, appear too weak to shift overall momentum.
📉 Trade Plan – Short Bias
Short Entry:
Near resistance 377 USDT if price fails to break above
OR on a confirmed breakdown below 359 USDT
Stop Loss: 388 USDT
Target: 347.8 USDT (Key support zone)
Market structure favors short positions on weak bounces or confirmed breakdowns until a clear bullish reversal appears.
📊 Pair: ZECUSDT Perpetual
💰 Current Price: 374.53 USDT
📉 24H Change: -5.85%
Support me just Click below to Trade 👇 Cheers
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