💀
$ZEC Bearish Setup — Downtrend Confirmed
Price Action:
Recent K-line shows strong selling volume → bearish pressure confirmed.
Last few candles: low volume → buyers are absent.
Capital Flow:
Short-term outflows: -504K contracts (5m), -45K spot (5m)
Longer-term outflows: -9.5M contracts, -4.8M spot (24h)
Bearish momentum is reinforced across timeframes.
Trade Plan:
Entry Short: 223 or minor pullback 225–227 (broken support now resistance)
Stop Loss: 233 (above MA5 & recent resistance)
Take Profit 1: 211
Take Profit 2: 200 if momentum accelerates
📊 Key Takeaway:
Sellers dominate. Waiting for a minor pullback increases risk/reward efficiency. Momentum suggests further downside is likely.
💡 Trade smart. Manage risk.
$ZEC #CryptoTrading #Shorts #Momentum