$ZEC is under serious selling pressure! 🔴
On the 15M chart, ZEC is trading around $1,130.45 after a sharp decline. The market structure remains bearish, with consistent lower highs and lower lows showing sellers are still controlling momentum.
Price is consolidating near the $1,120 support zone. A breakdown below this level could trigger another liquidity sweep and accelerate downside movement. However, a strong recovery above $1,148 would be the first sign of buyers returning.
Trade Setup _Short
Entry: $1,130–$1,135 (short on rejection)
Stop Loss: $1,150
Targets:
Target 1: $1,120
Target 2: $1,110
Target 3: $1,095
Target 4: $1,080
Why it's possible
The 15M structure continues to favor sellers. Repeated rejection from higher levels confirms weak buying pressure.
If $1,120 breaks with strong volume, further downside becomes more likely. Watch for a clean breakdown rather than chasing the move.
Stay disciplined, manage risk, and let the market confirm the setup. ZEC bears aren't finished yet! 🚀
On the 15M chart, ZEC is trading around $1,130.45 after a sharp decline. The market structure remains bearish, with consistent lower highs and lower lows showing sellers are still controlling momentum.
Price is consolidating near the $1,120 support zone. A breakdown below this level could trigger another liquidity sweep and accelerate downside movement. However, a strong recovery above $1,148 would be the first sign of buyers returning.
Trade Setup _Short
Entry: $1,130–$1,135 (short on rejection)
Stop Loss: $1,150
Targets:
Target 1: $1,120
Target 2: $1,110
Target 3: $1,095
Target 4: $1,080
Why it's possible
The 15M structure continues to favor sellers. Repeated rejection from higher levels confirms weak buying pressure.
If $1,120 breaks with strong volume, further downside becomes more likely. Watch for a clean breakdown rather than chasing the move.
Stay disciplined, manage risk, and let the market confirm the setup. ZEC bears aren't finished yet! 🚀
