$ZEC /USDT ๐ฅ BEARS TAKE CONTROL, ZCASH SLIDES AS SELLERS CRUSH THE BOUNCE! ๐ฉธ๐
Short Trade Signal ๐ด
Technical Analysis (1H):
$ZEC got rejected near 1,372 and a heavy red candle wiped out the earlier gains. Since then the bounces have been weak, with lower highs and a bounce off the 1,300 wick that sellers quickly capped. Price is down 2.84% on the day and sits near the 24h low, with the order book leaning toward asks (51.71%). Sellers are still in control.
Trade Setup (Short):
๐ป Entry: 1,310 โ 1,318
๐ฏ TP1: 1,300
๐ฏ TP2: 1,285
๐ฏ TP3: 1,265
๐ SL: 1,333
Market Outlook:
Short-term bias is bearish while price stays below 1,328. A clean break and close under 1,300 could open the way to the lower targets. A reclaim of 1,333 would invalidate the setup and shift momentum back to the bulls.
โ ๏ธ Not financial advice. Use proper risk management.
#ZEC #Zcash #TechnicalAnalysis #ShortSignals #CryptoTrading.
Short Trade Signal ๐ด
Technical Analysis (1H):
$ZEC got rejected near 1,372 and a heavy red candle wiped out the earlier gains. Since then the bounces have been weak, with lower highs and a bounce off the 1,300 wick that sellers quickly capped. Price is down 2.84% on the day and sits near the 24h low, with the order book leaning toward asks (51.71%). Sellers are still in control.
Trade Setup (Short):
๐ป Entry: 1,310 โ 1,318
๐ฏ TP1: 1,300
๐ฏ TP2: 1,285
๐ฏ TP3: 1,265
๐ SL: 1,333
Market Outlook:
Short-term bias is bearish while price stays below 1,328. A clean break and close under 1,300 could open the way to the lower targets. A reclaim of 1,333 would invalidate the setup and shift momentum back to the bulls.
โ ๏ธ Not financial advice. Use proper risk management.
#ZEC #Zcash #TechnicalAnalysis #ShortSignals #CryptoTrading.
