ZEC spot order book: placing one buy order hangs nine times more to sell one, yet the price is stuck at 1432 and can’t even be pulled back to 1450. No matter how thick the spoof orders are, if you can’t move the price, you’re just handing a knife to the shorts. The four-hour rebound highs are getting lower one after another; the one-hour charts have bearish candles pressing down on bullish ones. Open interest has shrunk by 5% in a day, and longs don’t even have the nerve to keep adding. Don’t count on 1357 holding—this structure is a bearish consolidation continuation in a slow grind down. Short at 1432, stop loss at 1495. First target 1365; if it breaks, look for 1300.