⚠️ $ZEC — LOWER HIGH COULD BE NEXT?
After an explosive ~400% rally from the lows, chasing fresh highs here looks risky. $ZEC has already broken its first major daily swing low from the $400 area, while ZEC/BTC is also losing support on multiple timeframes.
🔴 SHORT BIAS $ZEC
📍 Key Rejection Zone: $1,420 – $1,500
🎯 Downside Target: $1,100 – $1,200
If $BTC pushes higher, ZEC could bounce into the $1,420–$1,500 supply zone before sellers step back in.
But if BTC loses its range without a breakout, could skip the bounce and head straight toward the $1,100–$1,200 liquidity area. 👀📉
#ZEC #Crypto #Binance #Trading #Altcoins
After an explosive ~400% rally from the lows, chasing fresh highs here looks risky. $ZEC has already broken its first major daily swing low from the $400 area, while ZEC/BTC is also losing support on multiple timeframes.
🔴 SHORT BIAS $ZEC
📍 Key Rejection Zone: $1,420 – $1,500
🎯 Downside Target: $1,100 – $1,200
If $BTC pushes higher, ZEC could bounce into the $1,420–$1,500 supply zone before sellers step back in.
But if BTC loses its range without a breakout, could skip the bounce and head straight toward the $1,100–$1,200 liquidity area. 👀📉
#ZEC #Crypto #Binance #Trading #Altcoins