๐ฅ $ZEC / USDT โ Market Update ๐ฅ
This looks like a clean rejection from a key resistance zone. Price pushed up toward 455โ456 but failed to hold, and now itโs hovering around 445, right on a critical decision area.
๐ Structure Breakdown:
Strong rejection from the 455โ456 ceiling
Price consolidating near 445 support
EMAs are flat โ indecision / compression
RSI around 50 โ no strength yet, momentum is neutral
Volume declining โ waiting for the next move
โ๏ธ The Battle Plan:
Hold above 445 โ possible relief bounce toward 452 โ 456
Lose 445 decisively โ sellers take control
๐ฅ Short Idea (Aggressive):
Entry: Confirmed break & close below 445
Targets:
๐ฏ 432 (first support)
๐ฏ 420 (strong demand zone)
Invalidation: Strong reclaim above 452
โ ๏ธ Risk Note:
#zec : it is already moved hard earlier, so a sharp bounce is always possible. Wait for confirmation, donโt front-run the breakdown.
๐ Market is at a make-or-break zone โ patience here pays.
Trade smart. Manage risk. ๐ก๐
Not financial advice