$ZEC — Short Setup
$ZEC is showing a weak bounce into resistance. The move higher stalled quickly, and sellers stepped in on the first test of the zone.
Momentum is starting to roll over again, and price is failing to gain acceptance above resistance. This suggests the current move is corrective, not a true trend reversal — keeping downside continuation in play.
Entry: 259 – 266
SL: 279
TP1: 231
TP2: 206
TP3: 186
MR REIGN Insight: As long as price stays below resistance, the bias remains bearish. Watch for momentum expansion to the downside.
ZECUSDT
Διην.
253.56
-3.12%