⚡ $ZEC / USDT - 1H Technical Outlook & Short Setup
Zcash ($ZEC ) faced a heavy rejection near the $1,340 resistance zone on the 1-hour timeframe. Price has slipped back below the key moving averages, indicating short-term bearish pressure with heavy sell-side liquidity in the order book.
Position Bias: Bearish / Short On Retest
Entry Zone: $1,245 – $1,265
Target 1 (TP1): $1,225
Target 2 (TP2): $1,200
Target 3 (TP3): $1,175
Stop Loss (SL): $1,285
⚠️ Risk Warning: Highly volatile move. Execute with strict risk management and trailing stop loss.
What is your stance on $ZEC right now—are you looking for a rebound or further pullback? Share your thoughts below! 👇
#ZEC #Zcash #CryptoTrading #BinanceSquare #TechnicalAnalysis #TradingSignals
Zcash ($ZEC ) faced a heavy rejection near the $1,340 resistance zone on the 1-hour timeframe. Price has slipped back below the key moving averages, indicating short-term bearish pressure with heavy sell-side liquidity in the order book.
Position Bias: Bearish / Short On Retest
Entry Zone: $1,245 – $1,265
Target 1 (TP1): $1,225
Target 2 (TP2): $1,200
Target 3 (TP3): $1,175
Stop Loss (SL): $1,285
⚠️ Risk Warning: Highly volatile move. Execute with strict risk management and trailing stop loss.
What is your stance on $ZEC right now—are you looking for a rebound or further pullback? Share your thoughts below! 👇
#ZEC #Zcash #CryptoTrading #BinanceSquare #TechnicalAnalysis #TradingSignals