$ZEC /USDT TECHNICAL ANALYSIS – BEARISH CONTINUATION EXPECTED
$ZEC is showing signs of exhaustion after a strong rally and is now trading below key resistance, indicating weakening bullish momentum. The price has been rejected from the upper supply zone and is forming a lower high structure on intraday timeframes. Volume is declining on upward moves, while sell pressure remains active, suggesting a potential continuation to the downside.
Market Structure: – Rejection from major resistance zone
– Bearish pullback after an impulsive move
– Failure to reclaim previous breakout level
– Momentum shifting in favor of sellers
Trade Setup: SHORT
Entry Zone: – Below the resistance confirmation area after rejection
Targets (TP): – TP1: 476.20
– TP2: 398.08
– TP3: 278.69
Stop Loss (SL): – Above 574.94 (clear invalidation of bearish structure)
Risk Management: Risk only a small portion of your capital per trade, use a strict stop loss, and secure partial profits at each target to protect gains and reduce exposure.
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