$ZEC REJECTED AGAIN ... SELLERS DEFENDING THE TOP
ZEC pushed into the $1,070 resistance area again, but buyers still couldn’t get a clean breakout. Price is now back around $1,024, showing that supply remains heavy near the highs.
The structure is simple here: $1,070 is the level bulls need to reclaim. Until that happens, I’m not interested in chasing longs at the top.
If ZEC loses the $1,000–$1,005 area, I’ll be watching $950–$970 for the next deeper retest.
A clean break and hold above $1,050 changes the picture.
For now, patience. Let price confirm the next move instead of forcing an entry.
Short $ZEC
ZEC pushed into the $1,070 resistance area again, but buyers still couldn’t get a clean breakout. Price is now back around $1,024, showing that supply remains heavy near the highs.
The structure is simple here: $1,070 is the level bulls need to reclaim. Until that happens, I’m not interested in chasing longs at the top.
If ZEC loses the $1,000–$1,005 area, I’ll be watching $950–$970 for the next deeper retest.
A clean break and hold above $1,050 changes the picture.
For now, patience. Let price confirm the next move instead of forcing an entry.
Short $ZEC
