📉 $ZEC — Bearish Short Setup | $1,180 in Sight
SHORT 🔴
📍 Entry Zone: $1,195–$1,205
🛑 Stop Loss (SL): $1,225
🎯 Take Profit Targets:
- TP1: $1,190
- TP2: $1,185
- Final TP: $1,180
📉 Market Analysis:
ZEC is facing renewed selling pressure after a steep decline from the $1,360 region and is currently trading near $1,195. The 1-hour chart remains bearish, indicating that sellers continue to have the upper hand in the short-term trend.
The immediate level to watch is $1,193 support. A clean breakdown below this area could trigger another leg lower, bringing $1,190 and $1,185 into focus, with $1,180 as the final downside target. However, if buyers defend support and price rebounds, the bearish move could lose momentum.
🔑 Key Levels:
- Immediate Support: $1,193
- Entry Zone: $1,195–$1,205
- Downside Targets: $1,190, $1,185, and $1,180
- Resistance / Stop Level: $1,225
⚠️ Risk Note: The first target is close to the entry zone, so consider fees, slippage, and overall risk-to-reward before entering. Wait for bearish confirmation, and follow your stop-loss plan if price moves against the setup.
Bearish bias while support breaks and selling pressure persists. 📉
Sell and Trade $ZEC here 👇
DYOR.
SHORT 🔴
📍 Entry Zone: $1,195–$1,205
🛑 Stop Loss (SL): $1,225
🎯 Take Profit Targets:
- TP1: $1,190
- TP2: $1,185
- Final TP: $1,180
📉 Market Analysis:
ZEC is facing renewed selling pressure after a steep decline from the $1,360 region and is currently trading near $1,195. The 1-hour chart remains bearish, indicating that sellers continue to have the upper hand in the short-term trend.
The immediate level to watch is $1,193 support. A clean breakdown below this area could trigger another leg lower, bringing $1,190 and $1,185 into focus, with $1,180 as the final downside target. However, if buyers defend support and price rebounds, the bearish move could lose momentum.
🔑 Key Levels:
- Immediate Support: $1,193
- Entry Zone: $1,195–$1,205
- Downside Targets: $1,190, $1,185, and $1,180
- Resistance / Stop Level: $1,225
⚠️ Risk Note: The first target is close to the entry zone, so consider fees, slippage, and overall risk-to-reward before entering. Wait for bearish confirmation, and follow your stop-loss plan if price moves against the setup.
Bearish bias while support breaks and selling pressure persists. 📉
Sell and Trade $ZEC here 👇
DYOR.