$ZEC The overall trend is bearish, forming a series of lower highs (1494, 1385) and lower lows (1271).
• The recent rebound from 1271 to 1385 was strongly rejected, indicating that the broader downtrend remains intact.
🔻 Short Scenario (Preferred)
· $ZEC Short entry: 1350 to 1370 (resistance zone)
· 🛑 Stop loss: Above 1390 (recent local high)
· 🎯 Take profit:
· TP1: 1300 (psychological support)
· TP2: 1275 (recent swing low)
· TP3: 1250
Support me in this trade here👇
#zec #zcash
• The recent rebound from 1271 to 1385 was strongly rejected, indicating that the broader downtrend remains intact.
🔻 Short Scenario (Preferred)
· $ZEC Short entry: 1350 to 1370 (resistance zone)
· 🛑 Stop loss: Above 1390 (recent local high)
· 🎯 Take profit:
· TP1: 1300 (psychological support)
· TP2: 1275 (recent swing low)
· TP3: 1250
Support me in this trade here👇
#zec #zcash
