$ZEC — Bearish Breakdown After Failed Rally

ZEC has rejected sharply from the 476.7 level, forming a clear lower high and confirming weakness in the structure. The rejection triggered an impulsive sell-off, shifting momentum firmly in favor of the sellers.

On the 1H timeframe, price is trading below the EMA 7, 25, and 99, showing strong bearish alignment. Market structure remains weak, and selling pressure is increasing as the 420 support zone comes under heavy testing.

Short Setup • Entry Zone: 425.0 – 432.0

• TP1: 418.0

• TP2: 405.0

• TP3: 392.0

• Stop-Loss: 442.5

As long as price stays below the 440 resistance and remains under the EMAs, bearish continuation is favored, with downside targets likely to be explored next.$ZEC

ZEC

406.69

-5.67%

#ZEC #Bearish #Breakdown