🚨 $ZEC Bearish with consolidation signs. I'd consider short positions on weak bounces or breakdowns.
Recent K-line data shows increased volume during declines confirming selling pressure. However, volume has tapered in the latest candles, suggesting exhaustion.
Capital Flow: Contract (-58M) & spot (-15M) net outflow over 24H and reinforce bearish momentum. Short-term inflows (4H contract inflow of 2.1M) are insufficient to reverse the trend.
Entry short $ZEC : Enter near resistance 377 USDT if price fails to break above, or on a break below support 359 USDT with confirmation.
Stop Loss: 388 USDT for a short at 377
Target Price $ZEC : 347.8 USDT (Support zone)
Support me just Click below to Trade 👇 Cheers
ZECUSDT
Διην.
364.34
-2.18%