$ZEC Intraday: STRONG SELL ๐
Price: $334.24 (-1.73% today; -21.76% weekly)
Key Signals (15M/1H):
Pattern: Descending channel rejection; bearish engulfing from $360 high.
Price Action: Below $331 support; no bounce, volume fading on ups.
RSI(14): 40 (trending down; oversold edge but no reversal).
MACD: Bearish (negative histo expanding; below signal).
MAs: Price < SMA20/EMA50; bearish stack, EMAs curling down.
S/R: Eyes $300 support; resistance $350โ$370.
BBands: Hugging lower band; squeeze for more downside.
Trade: Short now. Target: $300โ$320. Stop: >$350. DYOR/NFA
ZEC
358.65
+0.97%