$ZEC is clearly showing signs of exhaustion near a strong resistance zone. After a sharp upside move, price failed to sustain above the highs and is now forming rejection candles, indicating weakening bullish momentum.
The structure suggests a potential pullback as buyers step aside and sellers start to gain control. This zone has already acted as resistance before, increasing the probability of a downside move from here.
Trade Setup
Entry Range: 448 – 452
Target 1: 440
Target 2: 430
Target 3: 415
Stop Loss (SL): 465
#USCryptoStakingTaxReview #USJobsData #BinanceBlockchainWeek
