🚨 $ZEC Short Setup: Bearish Breakdown on Multiple Timeframes
Zcash is showing strong bearish signals on the 1H, 1D, and 1W charts. After facing rejection from weekly and daily resistance, the price has now broken below all major EMA supports on the 1-hour timeframe.
RSI is moving quickly toward oversold levels, and selling pressure remains high.
If you're trapped in a long or looking for a short opportunity, this setup could offer a good downward move.
Avoid blind FOMO and always follow proper risk management.
Short Trade Plan:
EP: Current Market Price ($1,215 – $1,230)
SL: $1,310
Take Profit Targets:
$1,150 | $1,050 | $950
Zcash is showing strong bearish signals on the 1H, 1D, and 1W charts. After facing rejection from weekly and daily resistance, the price has now broken below all major EMA supports on the 1-hour timeframe.
RSI is moving quickly toward oversold levels, and selling pressure remains high.
If you're trapped in a long or looking for a short opportunity, this setup could offer a good downward move.
Avoid blind FOMO and always follow proper risk management.
Short Trade Plan:
EP: Current Market Price ($1,215 – $1,230)
SL: $1,310
Take Profit Targets:
$1,150 | $1,050 | $950
