$ZEC /USDT · Bias: SHORT (Bearish Continuation / Lower High Breakdown)
Persistent lower highs structure following a sharp -6.48% intraday decline! Relief rallies are failing under heavy supply blocks, pressing price directly back toward the 24h Low (1,270.00). Momentum favors a continuation breakdown! 📉⚡️
Trade Setup:
Position: SHORT $ZEC
Entry Zone: 1,295.00 – 1,310.00 (Entering on minor relief bounces or local breakdown retests)
Stop Loss (SL): 1,332.00 (~1.7% – 2.8% risk; clean invalidation above the recent lower-high consolidation block)
Take Profit Targets:
TP1: 1,280.00 (Immediate local support retest)
TP2: 1,270.00 (Retesting 24h Low liquidity pool)
TP3: 1,248.00 (Breakdown expansion target)
TP4: 1,220.00 (Major psychological demand level)