🚨 $ZEC Bearish Consolidation on 4H chart

• The price is hovering near the daily low 355.6 and has failed to break above Resistance 376.4 multiple times in recent 4h candles.

• A clear lower high structure is visible in the K-line data (448.7 → 425.3 → 415.6 → 367.3), confirming downtrend integrity.

• The immediate support at 350 is critical; a break below could accelerate selling toward lower support 339.7

• Contract Net Flow: Consistent outflows across all short-term periods (5m to 24h: negative values), indicating leveraged traders are reducing long positions.

• Spot Net Flow: Similarly negative across short-term windows, reflecting retail selling pressure.

Entry short $ZEC

• Ideal short entry near resistance: 366-370 USDT (test of MA5 or BOLL middle band).

• Alternatively, break below Support 350 with volume confirmation could trigger a short.

Stop-Loss: 378-385 USDT range, aligning with Resistance and MA10 m).

Target Price $ZEC : 339.7 (support zone) or lower

Support me just Click below to Trade 👇 Cheers

ZECUSDT

Perp

337.84

-6.84%

If price holds above Support 350 and shows reversal signs (bullish engulfing, volume spike), avoid shorting and wait for clarity. Current indicators favor downside but require precise timing. #zec #zecusdt #zcash