$ZEC #SHORTSELL opportunity;
Bearish Reaction at Resistance
As expected, $ZEC met heavy selling pressure after topping out at $1,535.
The 4H chart is showing clear signs of buyer exhaustion as price falls back below the 7 EMA ($1,457).
$ZEC
KEY TECHNICAL OBSERVATIONS:
Local Peak: Rejection confirmed at $1,535.82.
EMA Loss: Lost dynamic support at 7 EMA ($1,457).
MACD Shift: Momentum lines are flattening out near local peaks.
Trade Levels:
Immediate Support Target: $1,340 (25 EMA)
Secondary Support Target: $1,255 (50 EMA)
Invalidation / Stop-Loss: Break and close back above $1,536
Note-Manage your leverage carefully and strictly follow your risk plan.
#zec
#TradingSignals
Bearish Reaction at Resistance
As expected, $ZEC met heavy selling pressure after topping out at $1,535.
The 4H chart is showing clear signs of buyer exhaustion as price falls back below the 7 EMA ($1,457).
$ZEC
KEY TECHNICAL OBSERVATIONS:
Local Peak: Rejection confirmed at $1,535.82.
EMA Loss: Lost dynamic support at 7 EMA ($1,457).
MACD Shift: Momentum lines are flattening out near local peaks.
Trade Levels:
Immediate Support Target: $1,340 (25 EMA)
Secondary Support Target: $1,255 (50 EMA)
Invalidation / Stop-Loss: Break and close back above $1,536
Note-Manage your leverage carefully and strictly follow your risk plan.
#zec
#TradingSignals
