$ZEC /USDT BEARISH REVERSAL: SHARP SELL-OFF AFTER MASSIVE SPIKE!
The $ZEC /USDT pair experienced a massive surge towards the $40.00 area but failed to sustain gains and is now witnessing a significant pullback. The price has dropped to around $36.96, indicating strong profit-taking and possible further downside if selling pressure continues.
Trade Setup:
Entry (Short): $37.00 - $37.50
Take Profit (TP): $35.50 / $34.00
Stop Loss (SL): $38.20
Market Outlook:
The aggressive selling from the $40 zone suggests that bulls are losing momentum. If $36.50 support breaks, expect deeper corrections. Risk control is essential due to high volatility post-spike.
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