$ZEC /USDT – BEARISH CONTINUATION SIGNAL AS WEEKLY RELIEF RALLY FADES
ZEC attempted a small recovery after a massive multi-week drop, but the relief bounce has already shown signs of exhaustion near the $460–$480 range. The price failed to reclaim the higher resistance zone and is now forming a bearish rejection candle on the 1W chart, suggesting that downside continuation may be the next major move.
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Trade Setup (SHORT POSITION)
Entry: $455 – $475
TP1: $380
TP2: $330
TP3: $292
SL: $505
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Market Setup
ZEC remains deeply bearish on the weekly timeframe, with the current bounce appearing corrective rather than the start of a trend reversal. The inability to break above key resistance keeps selling pressure dominant. Unless bulls reclaim the $500 zone, the broader direction favors continuation to the downside.
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