$ZEC is showing a clear bearish breakdown after a failed bounce, increasing the risk of continuation to the downside.
A strong rejection near 476.7 created a lower high, followed by an impulsive sell-off. On the 1H timeframe, price is trading below EMA 7/25/99, structure remains weak, and sellers are firmly in control as 420 support is under pressure.
📉 SHORT 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 key EMAs, bearish momentum remains dominant, favoring a move toward lower support levels.
