I'm keeping an eye on $ZEC as it hugs the bottom of its current range following a steep downward push below the MA60 line.

Price is currently sitting at 1,084.77, pressing right against the 24h low of 1,082.15. The overall trend on this timeframe is heavily bearish, with continuous rejections under the moving average and no meaningful bullish volume stepping in yet. While it's tempting to try and catch a falling knife at these local lows, the momentum is entirely in the sellers' hands. I'd like to see a stabilization pattern form before looking for any relief bounces.

📍 Entry: 1,084.50 – 1,088.00

🎯 TP1: 1,092.43 (Immediate minor resistance)

🎯 TP2: 1,102.35 (Mid-range reaction zone)

🎯 TP3: 1,112.27 (Prior consolidation pivot)

🛑 Invalidation: 1,081.50

If price drops clean through the 24h low of 1,082.15, the downward trend continuation is verified and the setup fails.

Watching the price action near support rather than for

cing it.