You guys…..$ZEC just broke below the main horizontal support zone, confirming a clean break after multiple rejections from the resistance above. Such a structure often leads to deeper corrections as liquidity lies lower near the uptrend line.
Buyers have not been able to defend the support, momentum is shifting strongly bearish, and prices may revert to the next liquidity pocket near the uptrend line.
Trade setup (Short):
Entry: 404.88
Target: 380.00
Stop loss: 430.00
The structure has broken. Sellers dominate. Expect continuation towards the lower trend line.
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ZECUSDT
Perp
456.36
+9.86%
