$ZEC is trading at 948.29, down -2.00% over the last 24 hours, consolidating near its support low of 931.10 and remaining below key moving averages including the MA(7) at 948.19, MA(25) at 970.10, and MA(99) at 1,076.01 following a pullback from higher levels.
🔻 Bias: Short $ZEC
* Entry range: $940.00 – $965.00
* SL: $1,010.00
* TP 1: $915.00
* TP 2: $885.00
* TP 3: $850.00
Price action shows mild downward pressure following a rejection from higher consolidation zones, remaining below major moving averages. Weak recovery attempts and overhead resistance favor continued downside movement as long as resistance near 975.00 holds firm.
🔻 Bias: Short $ZEC
* Entry range: $940.00 – $965.00
* SL: $1,010.00
* TP 1: $915.00
* TP 2: $885.00
* TP 3: $850.00
Price action shows mild downward pressure following a rejection from higher consolidation zones, remaining below major moving averages. Weak recovery attempts and overhead resistance favor continued downside movement as long as resistance near 975.00 holds firm.
