$ZEC
🔴 ZECUSDT – Selling pressure still dominates
Current price: ~405.9
📉 Technical context
• Price is below EMA50 & EMA100 for both 1H and 4H → medium-term bearish trend
• The 476 area is a clear distribution peak, strong breakdown → confirms bull trap
• RSI 4H ~33–38: weak, no clear bullish divergence yet
• MACD negative, histogram has not reversed → selling pressure has not ended
• Low sideways after dump → light bear flag
⸻
🎯 Preferred trade: SHORT retracement
SHORT Entry: 412 – 418 (retracement to EMA50 1H)
Stop Loss: 426 (above EMA100 + breakdown area)
Take Profit:
• TP1: 391
• TP2: 372
• TP3: 350 (if BTC is bad)
📌 Good RR, trade according to the main trend.
⸻
🟢 Alternative trade (against the trend – quick trade)
Only consider if holding above 390 + strong rejection candle.
LONG Entry: 392 – 396
SL: 384
TP: 410 – 420
⚠️ This is a counter-trend, do not hold for long.
⸻
🔎 Quick conclusion
• Main trend: DOWN
• Priority SHORT retracement, do not fomo LONG
• Losing 390 → ZEC has a chance to go deeper
