🚨 $ZEC Bearish Consolidating, I'd consider short positions on rallies, but monitor for oversold bounces
Recent K-line data shows significant selling volume during dips (460k volume at 330.75 low) and moderate buying volume during rebounds (174k volume at 372.72 peak). This indicates active selling pressure but with intermittent buying support.
Capital Flow: Short-term contract net inflows (5m: +204k, 30m: +1.47m, 1H: +1.56m) suggest recent buying interest, but medium-term outflows (4H: -602k, 6H: -4.56m) indicate lingering bearish sentiment. Spot net outflows (4H: -1.68m, 6H: -5.21m) reinforce caution among investors.
Entry short $ZEC :
• Enter short near resistance 365 USDT if price rejects this level with high volume.
• Alternatively, wait for a break below support 347.66 USDT to confirm further downside.
Stop-Loss: 376–383 USDT if shorting near 365 to account for volatility (ATR: 6.83)
Target Price $ZEC : Aim for 330.3 USDT (Support zone) if bearish momentum accelerates.
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