$ZEC is seeing a sharp rejection from the 294.00 resistance zone, confirming a shift in market structure. Sellers have taken control after a failed attempt to maintain higher levels, and the price is now accelerating toward lower liquidity pools.
Short $ZEC
Entry: 283.00 – 284.00
SL: 289.72
TP: 266.92
The "Liquidity Grab" at the top has exhausted the buyers, and the breakdown below 286.00 has opened the doors for a sustained move lower. Selling pressure is intensifying as bids are getting hit with high volume. With no major support until the 270.00 range, the momentum favors a continued flush toward the primary target.
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