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$ZEC 🔴 ZEC/USDT Trade Signal — Short setup at $1,237
Bias: Bearish 📉 Entry: $1,225 – $1,245 Take Profit 1: $1,190 Take Profit 2: $1,150 Take Profit 3: $1,100 Stop Loss: $1,275 $ZEC
Key level: $1,250 is the immediate resistance. A rejection below this area could trigger a pullback, while a clean breakout above $1,275 would invalidate the short idea. Recent ZEC analysis describes the market as strongly bullish but overextended, with $1,250 an important breakout level.
Current price: ~$79,000. BTC is sitting around a major decision zone. Recent market data shows BTC near $79K, while short-term technical readings remain pressured; Reuters also identifies $82,793 as major resistance and $75,674–$71,781 as important downside levels.
Bias: Bearish / Short-term cautious 🔴
Short Entry: $79,300 – $79,900 Take Profit 1: $78,500 Take Profit 2: $77,200 Take Profit 3: $75,700 Stop Loss: $80,600 $BTC Key Levels
At $79K, I would avoid chasing a short immediately. The cleaner setup is a rejection around $79.3K–$80K followed by a move back below $78.5K. If BTC instead breaks and holds above $80.6K, the short setup becomes weak and $82K–$82.8K can come into focus.
Alternative Long: If BTC firmly reclaims $80,000 and holds it as support, consider $80,100–$80,500 for a long, targeting $81,500 → $82,800 → $85,000.
Overall: ⚠️ Short on confirmed rejection; don't short blindly at $79K. Recent analysis also highlights $79K as an important weekly support area, so a breakdown could accelerate toward $75K. $BTC #IMFSaysElSalvadorBTCNoPublicFunds