$ZEC is losing momentum after a sharp rejection, and sellers are back in control.
After failing near $1,286 and forming a lower high around $1,245, ZEC dropped and is now consolidating near $1,154. The short-term structure remains bearish.
Direction: Bearish
Entry: $1,140 – $1,160
Stop Loss: $1,210
TP1: $1,075
Watch for a clean breakdown below $1,075 for further downside confirmation. Stay disciplined and manage your risk.
After failing near $1,286 and forming a lower high around $1,245, ZEC dropped and is now consolidating near $1,154. The short-term structure remains bearish.
Direction: Bearish
Entry: $1,140 – $1,160
Stop Loss: $1,210
TP1: $1,075
Watch for a clean breakdown below $1,075 for further downside confirmation. Stay disciplined and manage your risk.