$ZEC _Dont Long Buyers Looked Stretched Sellers Getting Ready for Down Fall

Short Now

Chart is Here Open and Short Now

ZEC
ZECUSDT
392.88
+5.77%

$ZEC/USDT Short Resistance with Strong Sellers Momentum Trade Setup

Entry: 381

Stop Loss (SL): 385.44

Take Profit (TP1): 374.32

Take Profit (TP2): 362.55

Reasoning:

The price is testing a strong resistance level at 380.84, and there’s clear evidence of selling pressure at this zone, indicating that the buyers may be losing momentum. The entry is at 380.84, anticipating a reversal from the resistance level. The stop loss is placed just above the resistance at 384.44 to protect against a potential breakout. The take profit levels are set at 374.32 and 362.55, where the price is expected to pull back towards after rejecting the resistance.

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