$ZEC is showing a high-probability bearish setup as the higher timeframe continues to favor sellers.
On the 4-hour chart, the overall market structure remains bearish, while the 15-minute timeframe has formed a lower high around the 468 resistance zone. The recent rejection from this level suggests that buyers are losing momentum, increasing the probability of another move lower. If sellers remain in control, price could revisit 460 first, with a deeper decline toward the 457 support zone if bearish pressure continues.
Trade Setup: Short
Entry Zone: 464.50 – 466.00
Stop Loss: 468.60
TP1: 460.00
TP2: 458.00
TP3: 457.10
I'm waiting for bearish confirmation before entering the trade. As long as price remains below the 468 resistance, the path of least resistance favors another lower low, making this a setup worth watching patiently.
On the 4-hour chart, the overall market structure remains bearish, while the 15-minute timeframe has formed a lower high around the 468 resistance zone. The recent rejection from this level suggests that buyers are losing momentum, increasing the probability of another move lower. If sellers remain in control, price could revisit 460 first, with a deeper decline toward the 457 support zone if bearish pressure continues.
Trade Setup: Short
Entry Zone: 464.50 – 466.00
Stop Loss: 468.60
TP1: 460.00
TP2: 458.00
TP3: 457.10
I'm waiting for bearish confirmation before entering the trade. As long as price remains below the 468 resistance, the path of least resistance favors another lower low, making this a setup worth watching patiently.