$ZEC Breakdown From Major Resistance — Short Bias Active 🔻
Short Trade Signal (Day Trade):
Sell Zone: 440 – 455
TP1: 428
TP2: 417
TP3: 403
SL: 475
Leverage: 20–40x (Risk 1–2%)
Open Trade in Future👇🏻
Spot Traders:
Avoid fresh spot entries at current levels. Safer spot accumulation zones sit near 360 – 330, only after selling pressure slows and structure stabilizes.
Why This Trade:
$ZEC faced a strong rejection near the 475 resistance zone, which aligns with previous distribution levels on the higher timeframe. After the rejection, price broke below short-term support and accelerated downward, confirming sellers have regained control. The bounce from 422 looks corrective, not impulsive, as price continues to struggle below key resistance.
Market structure remains bearish with lower highs and weak follow-through on rebounds. Selling pressure is clearly stronger than buying interest, and price is still trading below important trend-defining levels. As long as $ZEC stays below the 455–475 zone, downside continuation remains the higher-probability move.
Broader market conditions also favor caution, with altcoins showing instability and risk appetite staying limited. This keeps short setups more attractive than chasing longs.
Support Zones:
420 – 415 (minor intraday support)
380 – 360 (major downside target zone)
Resistance Zones:
440 – 455 (immediate rejection zone)
470 – 480 (major supply area)
Pullback Zones for Shorts:
440 – 455 → Primary short re-entry zone
470 – 480 → Strong rejection if price spikes
Trade with patience and strict risk management. If you’re not following Token Talk, you’re definitely missing the real moves.