$ZEC – SHORT
Entry: 833.40–833.60
SL: 846.40
TP1: 830.00
TP2: 826.00
TP3: 820.33
Market data indicates a decisive shift in momentum following the recent peak at 846.40. Sellers have established strong resistance, pushing prices below the 835 level with declining buy volume noted. The failure to sustain higher levels confirms a distribution pattern, suggesting a downward trend as liquidity is drawn toward lower support zones. Increased selling pressure confirms the current bearish outlook for the asset.
Entry: 833.40–833.60
SL: 846.40
TP1: 830.00
TP2: 826.00
TP3: 820.33
Market data indicates a decisive shift in momentum following the recent peak at 846.40. Sellers have established strong resistance, pushing prices below the 835 level with declining buy volume noted. The failure to sustain higher levels confirms a distribution pattern, suggesting a downward trend as liquidity is drawn toward lower support zones. Increased selling pressure confirms the current bearish outlook for the asset.