🚨 $ZEC
TECHNICAL #VJAnalysis | 4H
$ZEC is under heavy selling pressure! 📉
Current Price: $1,091
24H Change: -12.39%
🐻 TREND: BEARISH
Price is trading below key moving averages, while MACD confirms bearish momentum. RSI is near oversold territory, so a short-term relief bounce is possible.
📍 KEY SUPPORT ZONES
🟢 $1,070–$1,100 — Immediate demand zone
🟣 $1,054 — Critical support
🔵 $1,020–$1,050 — Lower liquidity zone
🎯 RESISTANCE LEVELS
🟠 $1,160–$1,190 — First major resistance
🔴 $1,227–$1,260 — Strong resistance
⚠️ $1,300–$1,320 — Major liquidity pool
🟢 LONG SETUP — ONLY IF SUPPORT HOLDS
Entry: $1,070–$1,090
Stop Loss: Below $1,054
TP1: $1,138
TP2: $1,190
TP3: $1,227
Confirmation: Look for a bullish reversal and a successful reclaim of nearby resistance.
🔴 SHORT SETUP — PREFERRED WITH THE TREND
Entry: $1,160–$1,190 after rejection
Stop Loss: Above $1,227
TP1: $1,100
TP2: $1,070
TP3: $1,020
Confirmation: Bearish rejection or a failed retest of resistance.
🧠 LIQUIDITY & FOMO
Don't FOMO into shorts after a sharp dump. Oversold conditions can trigger a sudden bounce and liquidate late sellers. Likewise, avoid chasing longs before confirmation.
📌 My bias: Bearish below $1,227. A clean break below $1,070 could expose $1,054 and potentially $1,020.
⚠️ These are conditional scenarios, not guaranteed targets. Manage risk, size positions carefully, and always use a stop loss.
#zec #crypto #trading #VJAnalysis
TECHNICAL #VJAnalysis | 4H
$ZEC is under heavy selling pressure! 📉
Current Price: $1,091
24H Change: -12.39%
🐻 TREND: BEARISH
Price is trading below key moving averages, while MACD confirms bearish momentum. RSI is near oversold territory, so a short-term relief bounce is possible.
📍 KEY SUPPORT ZONES
🟢 $1,070–$1,100 — Immediate demand zone
🟣 $1,054 — Critical support
🔵 $1,020–$1,050 — Lower liquidity zone
🎯 RESISTANCE LEVELS
🟠 $1,160–$1,190 — First major resistance
🔴 $1,227–$1,260 — Strong resistance
⚠️ $1,300–$1,320 — Major liquidity pool
🟢 LONG SETUP — ONLY IF SUPPORT HOLDS
Entry: $1,070–$1,090
Stop Loss: Below $1,054
TP1: $1,138
TP2: $1,190
TP3: $1,227
Confirmation: Look for a bullish reversal and a successful reclaim of nearby resistance.
🔴 SHORT SETUP — PREFERRED WITH THE TREND
Entry: $1,160–$1,190 after rejection
Stop Loss: Above $1,227
TP1: $1,100
TP2: $1,070
TP3: $1,020
Confirmation: Bearish rejection or a failed retest of resistance.
🧠 LIQUIDITY & FOMO
Don't FOMO into shorts after a sharp dump. Oversold conditions can trigger a sudden bounce and liquidate late sellers. Likewise, avoid chasing longs before confirmation.
📌 My bias: Bearish below $1,227. A clean break below $1,070 could expose $1,054 and potentially $1,020.
⚠️ These are conditional scenarios, not guaranteed targets. Manage risk, size positions carefully, and always use a stop loss.
#zec #crypto #trading #VJAnalysis