🚨 $ZEC /USDT – BEARS STILL IN CONTROL? RELIEF BOUNCE MEETS MAJOR RESISTANCE! 🔥
$ZEC is trading around $1,193.61 (-5.40%) on the 1H chart after a sharp bearish breakdown from $1,284.96, followed by a strong recovery from the $1,120.03 liquidity zone. Buyers have attempted to regain control, but price is now facing resistance around $1,200–$1,220, making this a critical decision area. The market structure remains vulnerable to further downside unless bulls reclaim $1,220 with strong volume. SHORT SETUP (Rejection Confirmation): Entry $1,200–$1,220 | TP1: $1,184 | TP2: $1,148 | TP3: $1,120 | SL: $1,238. Watch for bearish rejection and a lower-timeframe BOS before entering. A clean breakout and sustained hold above $1,220 would invalidate this bearish setup and signal potential bullish continuation. Trade with confirmation, protect your capital, and follow for more SMC-based setups! 📉
#zec
$ZEC is trading around $1,193.61 (-5.40%) on the 1H chart after a sharp bearish breakdown from $1,284.96, followed by a strong recovery from the $1,120.03 liquidity zone. Buyers have attempted to regain control, but price is now facing resistance around $1,200–$1,220, making this a critical decision area. The market structure remains vulnerable to further downside unless bulls reclaim $1,220 with strong volume. SHORT SETUP (Rejection Confirmation): Entry $1,200–$1,220 | TP1: $1,184 | TP2: $1,148 | TP3: $1,120 | SL: $1,238. Watch for bearish rejection and a lower-timeframe BOS before entering. A clean breakout and sustained hold above $1,220 would invalidate this bearish setup and signal potential bullish continuation. Trade with confirmation, protect your capital, and follow for more SMC-based setups! 📉
#zec
