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🔥$ZEC short-term bearish vibes, but not panic mode
Those last few candles pulling back from 457.69? Volume's dropping off, which tells me there's no crazy panic selling going on. 24h volume still holding strong at around 1.54M – higher than usual, so people are definitely still watching.
Capital flow is mixed: - On the shorter side (2H: -6.37M, 4H: -16.48M) – yeah, looks like some big wallets are taking profits. - But zoom out: 3D (+27.4M), 5D (+159.5M), 7D (+179.6M) – net inflows are solid. Long-term holders are still stacking.
**Bottom line:** Short-term I'm leaning bearish, but nothing too aggressive.
Where I'd look to trade it: $ZEC - **Short setup:** If it bounces back up to 435-445, watch for rejection or weak volume on the way up – that's my cue to short. - **Long setup:** Way better if it dips to 382-390 support first. Bullish candle + volume spike there would get me interested.
**Risk management:** SL at 3.5-4% from entry ( it's got room to breathe). **Targets:** Short: aiming 390-400 $ZEC Long: 450-465
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Privacy coins like ZEC can swing hard, so don't go all in. Just my 2 cents – DYOR and stay safe out there! 🚀💎 #zec #ZECUSDT #zcash