$ZEC — Sellers remain in control as price fails to reclaim key moving-average resistance.
Short ZEC
Entry: 287 – 292
SL: 306
TP: 275 – 262 – 248
$ZEC sold off aggressively from the recent spike high, showing clear distribution and seller dominance.
Bounces since the drop have been weak and corrective, with price repeatedly rejected below prior support.
Momentum remains bearish, with no sustained buyer response after the downside sweep.
Structure continues to print lower highs beneath descending averages, keeping downside pressure intact
Unless price reclaims and holds above 306, continuation toward lower liquidity zones remains favored.
Trade $ZEC 👇
ZEC
236.42
+15.41%