$ZEC is bouncing, but the $1,254 resistance could be the real test. ๐
$ZEC Price got rejected from $1,286 and is now struggling around $1,230. Bulls still have strong sentiment, so Iโm watching for a clear rejection before entering short. No need to rush.
SHORT
Entry : $1,229 โ $1,235
Stop Loss: $1,260
TP1: $1,150
TP2: $1,080
If ZEC fails to reclaim $1,254, another move down could be on the table. Wait for confirmation and manage your risk carefully.
Will $ZEC drop to $1,150, or surprise the bears?
$ZEC Price got rejected from $1,286 and is now struggling around $1,230. Bulls still have strong sentiment, so Iโm watching for a clear rejection before entering short. No need to rush.
SHORT
Entry : $1,229 โ $1,235
Stop Loss: $1,260
TP1: $1,150
TP2: $1,080
If ZEC fails to reclaim $1,254, another move down could be on the table. Wait for confirmation and manage your risk carefully.
Will $ZEC drop to $1,150, or surprise the bears?