$ZEC is under pressure but chasing the drop here could be risky.
SHORT $ZEC
Entry: $1,118–$1,126
SL: $1,140
TP1: $1,088.34 (−3%)
TP2: $1,043.46 (−7%)
TP3: $987.36 (−12%)
Price is below EMA20, EMA50 and EMA200, while RSI sits near 35. Sellers have the edge, but support around $1,082 could trigger a relief bounce.
Wait for a confirmed rejection near entry. No chasing into support.
Track $ZEC on Binance.
SHORT $ZEC
Entry: $1,118–$1,126
SL: $1,140
TP1: $1,088.34 (−3%)
TP2: $1,043.46 (−7%)
TP3: $987.36 (−12%)
Price is below EMA20, EMA50 and EMA200, while RSI sits near 35. Sellers have the edge, but support around $1,082 could trigger a relief bounce.
Wait for a confirmed rejection near entry. No chasing into support.
Track $ZEC on Binance.