worth watching $ZEC, keeping leverage around 48x, is losing strength near resistance
RSI is 30.4, showing that buyers have not yet regained clear momentum. ZEC is 12.04% lower over 24 hours and is trading around 1026.38. The moving-average structure is still bearish; any bounce needs to prove it can hold before the bias changes. The recent support area is around 1016.79, while resistance is near 1070.00. Volume is close to its recent average (1.4x), so follow-through will matter more than one candle. The short idea depends on sellers defending the entry zone, not simply on price falling quickly.
Short setup | Spot chart | 15M
Entry: 1025.85–1029.02 | Stop Loss: 1052.20
TP1: 996.61 / TP2: 970.93 / TP3: 945.24
#ZEC #Write2Earn! #Binance #crypto
RSI is 30.4, showing that buyers have not yet regained clear momentum. ZEC is 12.04% lower over 24 hours and is trading around 1026.38. The moving-average structure is still bearish; any bounce needs to prove it can hold before the bias changes. The recent support area is around 1016.79, while resistance is near 1070.00. Volume is close to its recent average (1.4x), so follow-through will matter more than one candle. The short idea depends on sellers defending the entry zone, not simply on price falling quickly.
Short setup | Spot chart | 15M
Entry: 1025.85–1029.02 | Stop Loss: 1052.20
TP1: 996.61 / TP2: 970.93 / TP3: 945.24
#ZEC #Write2Earn! #Binance #crypto
