Zcash ($ZEC ) is showing signs of weakness near key resistance. Momentum is fading as the price struggles below critical moving averages, creating a setup that often favors patient short positions.
Trade Idea – Short $ZEC :
Entry: $208–$212
Stop Loss: $224
Targets: $197 → $188 → $176
Technical Notes:
RSI around 52 indicates weak momentum.
MACD remains slightly bearish.
Price is below both the SMA30 and SMA200, confirming sellers still dominate the mid-term trend.
The $217–$218 area has already rejected price, forming a strong resistance zone.
A break below $205 with high volume could open the path to $196 and lower.
#ZEC #FutureTradingSignals 📉
ZECUSDT Perp: $209.33 (-4.73%)