📉 $ZEC Trading Plan — Short Opportunity ⚡
Entry Zone: $435.00 – $445.00
Stop Loss (SL): $460.00
Take Profit (TP): $354.00 & $300.00
Key Levels: The EMA(20) at $427.45 is acting as a strong dynamic ceiling, repeatedly rejecting price attempts from the recent highs, while the EMA(50) at $414.42 serves as the next critical support.
Indicators: The RSI(6) at 61.10 shows room to drop below overbought territory, signaling potential downside, and the MACD at -1.25 sits deep below zero, confirming strong bearish momentum.
Outlook: A breach of $414.42 could push $ZEC, to retest $354.35 (Fib 0.5), with a further drop targeting $300.00, a key psychological and Fib 0.618 level.
