$ZRC saw a sharp impulsive spike from the 0.0041 area into 0.0073, followed by an immediate rejection and steady sell-off. That move clearly looks like a liquidity grab rather than sustainable demand. Since the top, price has been forming lower highs and drifting lower, showing distribution after the pump.
The 0.0059–0.0061 zone is acting as a strong supply area. Every attempt to push into this region has been sold into quickly, confirming sellers are still in control. As long as price stays below this zone, upside remains limited.
On the downside, immediate support sits around 0.0051–0.0050. A clean break below this level opens the door for continuation toward 0.0046–0.0044, which aligns with the previous base before the impulse move.
There is no fresh bullish catalyst supporting continuation. Market sentiment has shifted from aggressive buying to profit-taking and exit liquidity. This favors short-side scalps on weak bounces rather than chasing longs.
📌 When would Trend change?
Only if price reclaims and holds above 0.0062 with strong volume. Until that happens, shorts remain favored.
🔽 Short Scalp Trade Signal
Entry Zone: 0.0057 – 0.0061
TP1: 0.0051
TP2: 0.0046
Stop Loss: 0.0064
Leverage: 20x – 50x
Margin: 2% – 5%
Risk Management: Move your stoploss to entry after TP is smashed
Short #ZRC Here 👇👇
