šØ $ZEC Bearish Consolidating, I'd Short on rejection at resistance zone
Recent K-line data shows significant selling volume during downward moves (179k volume during drop to 376.39). Current volume patterns suggest distribution rather than accumulation.
Capital Flow: Contract funds show consistent outflows across multiple timeframes (-1.38M 24h, -96.33M 3D), indicating institutional selling pressure. Spot flows show recent inflows (5.15M 24h) suggesting retail buying, creating a divergence that typically favors professional money.
Entry short $ZEC : on rejection at resistance zone
372-376, or break below 360 with volume confirmation
Stop Loss: 378-380 USDT area considering recent volatility
Target Price $ZEC : 348-352 USDT
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Institutional outflows and weak MA structure suggests professional money is positioning for downside. However, the emerging MACD bullish crossover requires careful risk management as it may signal temporary rebounds. #zec #zecusdt #zcash