$ZEC REJECTION ZONE .. Bears Are Looking For A Pullback! ⚠️ $1,250 Target?
After a sharp 7%+ rise, price is now facing resistance around the $1,375-$1,390 zone. The move looks stretched into resistance, and a rejection here could give sellers an opportunity to take control for a short-term correction.
If $ZEC
fails to hold above the $1,350 area and selling volume increases, the downside move can accelerate toward the lower support levels. Until buyers reclaim the resistance zone with strength, the short setup remains favored.
The immediate downside targets are $1,330 → $1,300 → $1,270.
After a sharp 7%+ rise, price is now facing resistance around the $1,375-$1,390 zone. The move looks stretched into resistance, and a rejection here could give sellers an opportunity to take control for a short-term correction.
If $ZEC
fails to hold above the $1,350 area and selling volume increases, the downside move can accelerate toward the lower support levels. Until buyers reclaim the resistance zone with strength, the short setup remains favored.
The immediate downside targets are $1,330 → $1,300 → $1,270.