$ZEC reacting violently after heavy long liquidations hit the market. Price lost key intraday support and volatility remains elevated around resistance reclaim attempts.

Short $ZEC

Entry: $648.00 – $656.50

Stop Loss: $672.80

TP1: $629.40

TP2: $612.70

TP3: $590.00

ZEC is trading under broken support, which now acts as resistance during relief bounces. The liquidation event cleared leveraged longs and opened space for sellers to control momentum again. Structure still favors downside continuation unless buyers reclaim higher levels with strong volume. Current consolidation looks more like distribution than accumulation.

Trade $ZEC here 👇

ZEC
ZECUSDT
666.72
-1.69%

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