๐จ $ZEC Imminent Breakdown? ๐
Entry: $427 - $442Stop Loss: $458Targets:TP1: $395TP2: $370TP3: $340$ZEC is flashing serious warning signs after tumbling from a peak of $775. Currently trading at $417.66, itโs down nearly 6% today. Price action is forming lower highs on the hourly chart โ every bounce is met with strong resistance. Trading volume is declining, signaling fading interest.
The price sits below key moving averages, and any rally towards $420-$425 will likely face heavy selling. Despite a massive 908.60% gain over 180 days, $ZEC has lost 19.33% in the last 30, suggesting profit-taking is underway. Don't be fooled by the 64.17% long/35.83% short ratio โ a deeper correction towards $370-$340 is possible if $413 doesn't hold. ๐ป
#ZEC #CryptoTrading #ShortSignal #Altcoins
