$ZEC Clear Downtrend (1D Timeframe)
Analyzing $ZEC for long-term traders. The trend is firmly bearish as capital continues to exit the market.
Key Levels to Watch
* Support: 330 (Lower Bollinger Band) | 317 (Key Zone)
* Resistance: 381 (24h High/MA120) | 435 (Major Barrier)
Capital Flow Warning
We are seeing massive net outflows across all major timeframes:
* 24H Contracts: -$33M
* 7D Contracts: -$145M
This confirms overwhelming selling pressure. Minor short-term inflows are negligible against this longer-term "capital flight."
Short Entry Strategy
Current price is sitting near the 24h low (346), making an immediate entry risky.
* Ideal Entry: Wait for a bounce/pullback toward the MA120 (~381.9).
* Breakdown Entry: Wait for a confirmed break below 346.
* Stop-Loss: 388 (Above 24h high/MA120).
* Primary Target: 330 – 317.
Risk Note: Patience is key. Better risk/reward comes from shorting the resistance bounce rather than chasing the current low.
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