Objavi
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TF BNB
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$ZEC – Persistent Selling Pressure at MA25 Resistance and Risk of Retesting Lows
Short $ZEC
Entry: 402 – 409
SL: 425.00
TP: 382.00 – 365.00 – 340.00
Price Action Description:
On the 4h chart, $ZEC remains trapped in a heavy long-term bearish structure, consistently trading below the downward-sloping MA99. The current relief rally is showing clear signs of exhaustion as it hits the MA25 (pink line). The candlestick structure at this level is marked by long upper wicks, confirming that sellers are still in full control and ready to dump into any technical bounce. The inability of the candles to close above the $410 zone is a strong signal for a continuation of the downtrend. I expect the price to soon pivot lower to retest the psychological support around the $360 mark in the upcoming sessions.
Click and trade here👇
{future}(ZECUSDT)
Short $ZEC
Entry: 402 – 409
SL: 425.00
TP: 382.00 – 365.00 – 340.00
Price Action Description:
On the 4h chart, $ZEC remains trapped in a heavy long-term bearish structure, consistently trading below the downward-sloping MA99. The current relief rally is showing clear signs of exhaustion as it hits the MA25 (pink line). The candlestick structure at this level is marked by long upper wicks, confirming that sellers are still in full control and ready to dump into any technical bounce. The inability of the candles to close above the $410 zone is a strong signal for a continuation of the downtrend. I expect the price to soon pivot lower to retest the psychological support around the $360 mark in the upcoming sessions.
Click and trade here👇
{future}(ZECUSDT)
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