ZEC | Bearish Momentum Analysis

Current Price: $246.13 (-11.72%)

Trend: Strongly bearish – trading below all key EMAs (7, 25, 99) on the 30-minute chart. Seller dominance remains evident.

Key Resistance Zone: $260 – $265

· Failure to reclaim this area is likely to extend the downtrend toward lower support levels.

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Trade Setup – Short Bias

· Entry Zone: $252 – $258

· Take Profit Levels:

TP1: $245

TP2: $238

TP3: $228

· Stop Loss: $266

Invalidation Level

A sustained move above $266 would break the current bearish structure and suggest a possible reversal or consolidation.

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Context: Price action remains pressured, with bearish continuation favored as long as resistance holds. Monitor the $260–265 zone for rejection signals.

ZEC

262.92

+0.96%