$ZEC is under pressure around 1,147.00. I’m watching for a failed recovery near resistance. If buyers cannot reclaim that area, sellers may push price toward the next support levels.
Trade Setup — SHORT
Entry Zone: 1,150–1,160
Target 1: 1,135
Target 2: 1,115
Target 3: 1,090
Stop Loss: 1,175
The setup works if the bounce loses momentum and selling volume increases.