Zcash ($ZEC ) just pumped into a major moving-average ceiling — momentum is strong but the market is entering exhaustion territory.
SHORT $ZEC
Entry: $217-$222
Stoploss: $236
Targets: $205-$188-$166
Price is approaching the MA200 resistance (~$217) after a sharp rally. RSI above 73 signals overbought conditions, while this zone historically attracts profit-taking. Even with bullish momentum, extended moves often pull back to reclaim liquidity around $205 support before deciding the next trend.
ZECUSDT
Perp
353.87
-0.39%