$ZEC is attempting a weak bounce after distribution, but structure still favors a sell-on-strength setup
After the spike to 560, price formed a lower high and is now consolidating below prior resistance; EMA 7/25 are flat and acting as dynamic resistance on 1H, indicating corrective price action rather than trend continuation.
🎯 Entry zone: SHORT 535 – 545
TP1 508, TP2 492, TP3 470
🛑 Stop Loss 562
Bias remains bearish while price stays capped below 545; any rejection from this zone is expected to resume the pullback toward lower demand.
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ZEC
495.75
-0.67%
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