$ZEC is showing a weak bounce after falling from 469 → 446, but the recovery is losing strength on lower timeframes. Price is rejecting the 455–458 resistance zone, and candles show long wicks, indicating buyers are struggling.
Fundamentally, privacy coins like ZEC are facing low hype today, and sentiment remains neutral to slightly bearish as liquidity shifts toward large caps. Technically, price is trading below the EMA25 & EMA50 on the 15m chart, confirming ongoing bearish pressure. Off-chart sentiment also shows low excitement, with no major news to fuel a strong rally.
Support zones: 450.90 and 446.00
Resistance zones: 455.80 and 462.30
This setup creates a clean scalp opportunity to the downside. Any bounce toward resistance is likely to be sold. Volume is fading too, which further supports a short bias.
Trade Type: Short Scalp
Entry Zone: 455.20 – 462.00
Target 1: 451.20
Target 2: 444.50
Stop Loss: 478.30
Book partial profits at TP1 and hold lightly for TP2 if momentum continues.
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