📉 $ZEC & $PIPPIN – Bearish Market Pressure Building

Market Outlook: Strong Downtrend

📝 Trading Plan (Short Setup)

• Entry Zone:

$ZEC: $22.150 – $23.980

$PIPPIN: $0.00412 – $0.00489

• Stop-Loss (SL):

$ZEC: $25.100

$PIPPIN: $0.00540

• Take-Profit (TP):

$ZEC: $20.640 and $17.880

$PIPPIN: $0.00360 and $0.00295

🔍 Key Technical Levels

EMA(20) for both ZEC & PIPPIN continues to act as a strong dynamic resistance, rejecting price every time it tries to break above, reinforcing the bearish structure.

Support Zones remain weak, with sellers dominating retracements.

📊 Indicators Check

RSI:

ZEC: Sitting at 28–30, showing oversold pressure but still in a controlled downtrend.

PIPPIN: RSI hovering near 25, suggesting continued bearish energy with possible micro pullbacks.

MACD:

Both assets show the MACD histogram printing deeper red bars, confirming increasing bearish momentum and no sign of reversal yet.

📉 Overall Market Sentiment

Both $ZEC and $PIPPIN remain under heavy sell pressure.

If ZEC fails to reclaim $25.100, it is likely to continue toward the $17.880 zone.

PIPPIN’s failure to break above $0.00540 would keep price sliding toward $0.00295.

In short: sellers are fully in control, and any bounce toward resistance is an opportunity to enter short positions.