$ZEC — a local decline against a neutral BTC backdrop
The price is above VWAP, which limits room for a quick rise. The countertrend short scenario requires holding below 1190.7. As long as this level holds, the risk of a pullback is higher than the potential downside to the targets.
SHORT plan: zone 1190.7–1193.7, stop 1208.6
Targets: TP1 1162.9 → TP2 1146.3 → TP3 1128.4
The price is above VWAP, which limits room for a quick rise. The countertrend short scenario requires holding below 1190.7. As long as this level holds, the risk of a pullback is higher than the potential downside to the targets.
SHORT plan: zone 1190.7–1193.7, stop 1208.6
Targets: TP1 1162.9 → TP2 1146.3 → TP3 1128.4