$ZEC
๐ $ZEC Technical Outlook | Price: $420
After a strong impulsive rally, $ZEC is now showing signs of exhaustion near $420.
Momentum indicators are cooling, and price is entering a distribution / consolidation phase.
๐ What the chart says โข Rally was vertical โ needs correction
โข RSI cooling from overbought
โข Volume declining on recent candles
๐ Bias: Short-term corrective move likely
๐ฏ Trade Plan ๐ Short: 420 โ 435
๐ฏ Targets: 395 / 372 / 350
๐ซ SL: 452
๐ Fresh longs only make sense above $455 with confirmation.
๐ง Trade levels, not emotions.
#zec