🚨 $ZEC Bearish Consolidation
Multiple factors suggest a potential short position:
1) RSI neutral to slightly bearish
2) KDJ bearish crossover with declining J, suggesting near-term downward pressure.
3) Volume declining with high-volume drops signaling weak demand,
4) Capital Flow shows short-term inflows but massive 24H outflows (-38.04M USDT).
Entry short $ZEC : Break below support at 367.8 USDT with increasing volume confirmation from bearish 1H candle.
🔥Alternatively, if price holds above 370.7 (MA20) and shows strength, a bounce to Resistance level 381.6 is possible, but current evidence favors downside.
Stop Loss: 379 USDT if entering at 367.8
Target : 361 USDT
Support me just Click below to Trade 👇 Cheers$ZEC
ZEC
364.51
-2.31%