hope so I'm stuck at 270

$ZEC
{spot}(ZECUSDT)
/USDT BEARISH PULLBACK LIKELY AFTER STRONG UPTREND

$ZEC /USDT has rallied impressively from the 300 support zone to test the 340–345 resistance area. However, momentum indicators are showing signs of overbought conditions, and price action is struggling to sustain above the upper channel, indicating potential bearish retracement in the coming sessions.

The 4H chart highlights a potential double-top pattern near resistance, signaling a short-term correction phase before any continuation of the bullish trend. A rejection from this zone could drive the price back toward the mid-range supports.

Technical Outlook:

Trend Bias: Bearish correction

Resistance Zone: 340 – 345

Support Zone: 320 – 300

TP1: 325

TP2: 310

TP3: 300

SL: 348 (Above breakout confirmation)

Risk Management:
Limit exposure by risking no more than 2% per trade. Always wait for candle confirmation before entry and protect profits with trailing stop-loss when targets approach.

#TechnicalAnalysis #ZEC #CryptoTrading #BearishSetup #PriceAction