$ZEC Faces Downside Pressure
A long liquidation of 7.4808K at 396.06 shows buyers were trapped and sellers gained control, increasing short-term bearish momentum.
Market Insights:
Buyers failed to defend 396.06
Liquidity sitting lower near 394.50
Selling pressure rising on each minor bounce
Trend signaling continuation toward lower support levels
Next Move:
If $ZEC breaks the next support zone, further decline is likely before any recovery.
Targets:
• TG1: 395.50
• TG2: 394.50
• TG3: 393.00
Pro Tip:
Avoid entering during active liquidation. Wait for stabilization and a clear reversal before considering long positions.
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