$ZEC /USDT : The daily chart is in range, but the 4-hour trend is bearish with the price below all important moving averages. The one-hour chart confirms this weakness, also trading below its averages. Momentum is currently trending down, with the one-hour relative strength index at 32.15 indicating oversold conditions that may lead to further selling. A break below the one-hour low near 379.07 is the trigger to enter short, targeting the next support levels. The setup aligns with a continuation move downwards.
Executable setup now (short)
Entry: market at 379.068745 – 383.812429
TP1: 367.209534
TP2: 362.465849
TP3: 352.97848
SL: 395.67164
