Zcash ($ZEC) market capitalization has faced an aggressive rejection from key premium liquidity, crashing down to 6.01B (down 7.73%). The smart money structure has officially flipped bearish, signaling a highly profitable continuation setup for short sellers.
Market Analysis & Structural Breakdown:
Liquidity Sweep: Price executed a perfect sweep of the London Session High (LO.H) right at 6.58B, trapping early retail breakout buyers before reversing violently.
Bearish Order Block (Be OB): The red institutional supply zone between 6.45B and 6.62B completely capped the upside momentum, heavily rejecting right at the Daily Open (D OPEN).
Trend Continuation: Following a clean Break of Structure (BOS), the market is printing consecutive lower lows (LO.L) on the 5-minute timeframe, proving heavy seller dominance.
Execution Levels:
Short Entry Range: 6.15B – 6.30B (Look for precise entries on a minor relief bounce or bearish mitigation).
Take Profit Targets:
TP 1: 5.90B
TP 2: 5.75B
TP 3: 5.60B
Stop Loss (SL): 6.65B (Placed strictly above the invalidation level of the Bearish Order Block).
Disclaimer: This analysis is based on Smart Money Concepts (SMC) for educational tracking purposes only. It does not constitute financial advice.
Are you riding this short down to the 5.60B demand zone, or are you waiting for a structural shift? Let me know your trade plan below! 👇
