Short $ZEC

Entry: 270 – 275

SL: 285

Targets: 255.00 – 240.00 – 225.00

$ZEC recently hit a high around 278 and faced a sharp rejection, forming a strong wick that signals sellers are stepping back in. The price is struggling to hold the MA7, showing early signs that the upward momentum is weakening.

A snapback downtrend could be about to start, making this an ideal spot to consider shorting.

$ZECUSDT

Perp

273.50

-3.2%