🚨$ZEC Imminent Breakdown!📉

Entry Zone: 446.00 - 456.50

Stop Loss: 465.50

Take Profit Targets:

∙ TP1: 435.00

∙ TP2: 418.25

∙ TP3: 408.41

$ZEC is screaming SELL! Price action formed lower highs after a strong rejection at 476.40, unable to break resistance. We're seeing clear weakness with descending peaks. The 7-day MA (446.57) is flattening, signaling fading momentum. Volume is plummeting (24.17M vs 137M MA(5)), indicating exhausted buying pressure. 🐻

A death cross between the 7 and 25 MAs is brewing, with the 99-day MA (408.41) waiting below. The 50/50 buy/sell ratio leans bearish. This setup is high probability – price rejected at the 443-446 resistance zone, coinciding with the 7-day MA. A 1:2.5 risk/reward ratio makes this a compelling short opportunity. 🚀

#ZEC #CryptoTrading #ShortSignal #Bearish 📉

ZECUSDT

Perp

434.83

-3.17%