Zcash is currently consolidating around $392.22, hovering at a critical decision zone as momentum slows and sellers remain in control.
🔍 Market Bias
Bias: BEARISH 📉
Daily MACD has just flipped slightly positive (histogram +3)
➜ This signals early momentum, but not a confirmed breakout.15-minute RSI: 52.8
➜ Neutral territory, leaving room for a short-term push higher before rejection.SuperTrend Indicator
➜ Active SHORT signal — trend still favors downside.
📊 Key Levels to Watch
Support: $383.77
Resistance: $394.95
Price is compressing between these levels, often a precursor to a directional move.
💡 Trade Idea:
Sell the Rip
A tactical short setup aligned with the broader bearish structure.
Entry: $393.79
Stop Loss: $403.24
TP1: $381.20
TP2: $377.38
🎯 Risk is defined, reward favors downside continuation if resistance holds.
🧠 Final Thoughts
While short-term indicators hint at mild bullish relief, trend confirmation remains bearish. Unless ZEC decisively breaks and holds above resistance, rallies are viewed as selling opportunities.
Signal confirmed — execute with discipline. Trade smart. 📊🚀
#ZEC #ZECUSDT #CryptoTrading #TradeyAI #BinanceSquare
