$ZEC Breakdown Continues — Bears Still in Control 🔻
Trade Signal (Day Trade — Short Setup):
Sell Range: 335–342
TP1: 325
TP2: 315
TP3: 300
SL: 355
Leverage: 20–50x (risk 1–2%)
Open Trade in Future👇🏻
Why This Trade:
$ZEC has clearly lost its key support zone near the 340–345 area and price is now struggling to recover above it. Every small bounce is getting sold fast, showing that sellers are still fully in control. The structure remains weak with lower highs and strong downside momentum. As long as $ZEC stays below 350, the downside path remains open. This setup favors continuation rather than reversal right now.
On the fundamental side, there is no strong positive news or fresh catalyst to shift momentum upward. Market sentiment across privacy coins is also weak as capital continues to flow into major assets like $BTC and $ETH instead of smaller caps like $ZEC. Recent liquidations show more long positions getting wiped, which adds further downside pressure and fuels selling strength.
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