$ZEC is breaking down strongly from the short-term uptrend, with a clear bearish trend dominating.
The 1H frame shows that the price is creating a series of lower highs & lower lows, EMA(7) has crossed deeply below EMA(25) and EMA(99), strong selling pressure after being rejected at 457 confirms bearish continuation.
SHORT 420 – 430
TP1 410, TP2 395, TP3 380
🛑 Stop Loss 442
Prioritize selling according to the main trend, only consider exiting the trade if the price reclaims the EMA25 zone with clear buying strength.
Trading ZEC on Binance 👇
ZECUSDT
Perp
413.89
-4.92%