$ZEC

BEARISH BREAKDOWN AHEAD! 🚨📉

Zcash is under pressure once again, trading at $39.98 (-3.87%), and showing signs of a potential bearish continuation. The price has failed to hold above the key psychological level of $41.00, indicating growing selling momentum.

🔍 Key Levels to Watch:

Resistance: $41.00 💥 | Strong rejection seen here

Support 1: $39.20 🛡️ | Holding for now but vulnerable

Support 2: $37.50 ⚠️ | Next major level if breakdown occurs

📉 Current Price: $39.98

Momentum favors the bears with lower highs and consistent downside pressure.

🔥 TRADE SETUP – SHORT IDEA:

Entry: $40.20 - $40.50 🔽

Take Profits (TP):

TP1: $39.20

TP2: $37.80

Stop Loss (SL): $41.30 🚫

🛡️ Risk Management:

Use 2-3% max of your capital per trade, and always respect your stop loss. This setup offers a clean R:R > 2:1 if played smart.

📊 Stay sharp, trade safe, and follow the trend! 📉🔥

#Crypto #ZEC #TechnicalAnalysis #Binance #DAOBaseAIBinanceTGE