$ZEC Bears Retake Control As Price Rejects Lower High Structure Near Local Resistance.
SHORT $ZEC
Entry: $381.58 - $384.00
S.L: $392.50
TP 1: $368.00
TP 2: $345.00
Full tp: $333.00
Thesis:
$ZEC faces clear seller distribution after rejecting a local lower high lower than the previous breakdown point.
The failure to sustain a bounce off the 368.03 low suggests bearish momentum remains dominant, exposing the asset to a full retest of the support floor.
SHORT $ZEC
Entry: $381.58 - $384.00
S.L: $392.50
TP 1: $368.00
TP 2: $345.00
Full tp: $333.00
Thesis:
$ZEC faces clear seller distribution after rejecting a local lower high lower than the previous breakdown point.
The failure to sustain a bounce off the 368.03 low suggests bearish momentum remains dominant, exposing the asset to a full retest of the support floor.