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The Short Setup: $ZEC
🔴 Entry Zone: 43.5 – 44.0
🛡️ Stop Loss: 47.0
Take Profit Targets:
🎯 TP1: 42.85 | 🎯 TP2: 38.20
Analysis: $ZEC is struggling at the critical $44.50 resistance. We are seeing a bearish RSI divergence on the 4H chart, suggesting the "SEC Victory" pump is losing steam. Despite the CashZ wallet launch improving usability, the lack of fresh institutional inflows since the mid-March peak suggests a retracement to the $38.00 support floor is the path of least resistance.
#ZECUSDT #zec #BitcoinPrices
🔴 Entry Zone: 43.5 – 44.0
🛡️ Stop Loss: 47.0
Take Profit Targets:
🎯 TP1: 42.85 | 🎯 TP2: 38.20
Analysis: $ZEC is struggling at the critical $44.50 resistance. We are seeing a bearish RSI divergence on the 4H chart, suggesting the "SEC Victory" pump is losing steam. Despite the CashZ wallet launch improving usability, the lack of fresh institutional inflows since the mid-March peak suggests a retracement to the $38.00 support floor is the path of least resistance.
#ZECUSDT #zec #BitcoinPrices
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