$ZEC Price is stalling and rejecting near $237–$240 resistance after the recent bounce, with momentum clearly fading and sellers stepping in aggressively at the upper range on decent volume.

The advance looks corrective within the broader downtrend, as upside follows-through weakens and ask pressure builds near overhead supply.

Short $ZEC

Entry: 236.0 – 239.0

SL: 243.0

TP1: 232.0

TP2: 228.0

TP3: 222.0

ZEC failed to break and sustain above recent highs around $240–$245, printing rejection candles with exhaustion on shorter timeframes and ask-side dominance visible. This setup signals continued distribution rather than reversal, with downside favored while price remains capped below $243.

ZEC

262.84

-0.52%

Trade $ZEC here 👇 🔻🔥