The pair $ZEC is trading at 948.29, down 2.00% over the past 24 hours. The price is holding near the support low at 931.10 and remains below the key moving averages, including MA(7) at 948.19, MA(25) at 970.10, and MA(99) at 1,076.01, following a slight pullback from higher levels.
🔻 Direction: Short $ZEC
* Entry range: $940.00 – $965.00
* SL: $1,010.00
* TP 1: $915.00
* TP 2: $885.00
* TP 3: $850.00
Price action shows mild selling pressure after rejection from higher accumulation zones, with the price holding below the key moving averages. Weak recovery attempts and overhead resistance support the continuation of the downtrend as long as the nearby resistance around 975.00 holds.
🔻 Direction: Short $ZEC
* Entry range: $940.00 – $965.00
* SL: $1,010.00
* TP 1: $915.00
* TP 2: $885.00
* TP 3: $850.00
Price action shows mild selling pressure after rejection from higher accumulation zones, with the price holding below the key moving averages. Weak recovery attempts and overhead resistance support the continuation of the downtrend as long as the nearby resistance around 975.00 holds.
