$ZEC USDT has bounced from the 246.38 flash crash low but is now struggling to hold above the 246.72 resistance zone after the recovery attempt stalls, with price compressing below multiple horizontal resistance levels on the 30m chart. The failure to break above 249.11 after the strong recovery signals sellers are firmly capping upside — a rollover back toward 230.68 is the likely next move.

Trade Setup — SHORT

Entry: 245.64 – 249.11

Target 1: 240.00

Target 2: 236.00

Target 3: 230.68

Stop Loss: 252.96