ZEC SHORT setup! 📉 Get ready for action! ⚡ Current price at $1254.6, ZEC is showing significant bearish momentum 🔥. It's down -6.84% in 24h with massive volume of $130M USDT! 📉 Our 1h timeframe shows RSI at 29.85 (deep in oversold territory, potential for continued dip! ⬇️) and price firmly below both SMA 20 ($1277.70) and SMA 50 ($1300.42) – clear downtrend confirmation! 🔴 Plus, with 23 of 38 tracked USDT pairs also red, the market sentiment is leaning bearish. 🐻 This notable mix of price movement and trading volume points to more downside. 🎯
Entry Zone: $1254.6 - $1267.146 🚀
Stop Loss (SL): $1391.4942 🛑
Take Profit 1 (TP1): $1191.87 💎
Take Profit 2 (TP2): $1129.14 💎
Take Profit 3 (TP3): $1066.41 💎
What do you think, traders? Is ZEC going to melt down further? Share your thoughts! 👇
Not financial advice. DYOR.
Entry Zone: $1254.6 - $1267.146 🚀
Stop Loss (SL): $1391.4942 🛑
Take Profit 1 (TP1): $1191.87 💎
Take Profit 2 (TP2): $1129.14 💎
Take Profit 3 (TP3): $1066.41 💎
What do you think, traders? Is ZEC going to melt down further? Share your thoughts! 👇
Not financial advice. DYOR.