Bearish Rejection: $ZEC Reversing From Resistance
The chart for ZEC shows a clean bearish rejection after failing to hold near the 24h high of $559.14. Price is now down -4.82% with selling pressure increasing as buyers exit. A break below the 24h low of $502.60 would confirm further downside, making this an optimal risk-to-reward entry before the next leg down.
Trade Setup
Entry Range: $505.00 – $515.00
Target 1: $490.00
Target 2: $470.00
Target 3: $450.00
Stop Loss: $530.00
Click below to Take Trade
$LAB $BSB #GENIUSBinanceHODLer #InstitutionsHold18.5PercentOfBTC
The chart for ZEC shows a clean bearish rejection after failing to hold near the 24h high of $559.14. Price is now down -4.82% with selling pressure increasing as buyers exit. A break below the 24h low of $502.60 would confirm further downside, making this an optimal risk-to-reward entry before the next leg down.
Trade Setup
Entry Range: $505.00 – $515.00
Target 1: $490.00
Target 2: $470.00
Target 3: $450.00
Stop Loss: $530.00
Click below to Take Trade
$LAB $BSB #GENIUSBinanceHODLer #InstitutionsHold18.5PercentOfBTC