Zcash (ZEC) Short Setup 📉
Entry: $235 – $240
TP1: $225
TP2: $215
TP3: $205
SL: $250
Analysis:
ZEC
265.5
+14.89%
ZEC is approaching strong resistance while overall market indicators show a bearish sentiment with most technical signals pointing downward. If the price fails to break resistance, a rejection could push it toward lower support levels. �
CoinCodex +1
Strategy:
Watch for rejection near resistance and increasing selling volume for confirmation. If momentum weakens, the downside move toward support zones is likely. 📊
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