#ZEC Short Setup: Sellers Taking Control
$ZEC is showing bearish signs after hitting a local high. Price has dropped below the major moving averages and is currently trading around $1,234.
Market Update:
Bearish Pressure: Price is trading below EMA 20, 50 and 200, showing that sellers are in control.
🎯 Short Trade Plan:
EP: $1,230–$1,250
SL: $1,300
TP: $1,000
$ZEC is showing bearish signs after hitting a local high. Price has dropped below the major moving averages and is currently trading around $1,234.
Market Update:
Bearish Pressure: Price is trading below EMA 20, 50 and 200, showing that sellers are in control.
🎯 Short Trade Plan:
EP: $1,230–$1,250
SL: $1,300
TP: $1,000
