⛔ Stop Scrolling.... Zcash ($ZEC ) just hit that heavy resistance zone after a nice bounce, but the momentum is clearly fading fast.

🔴I'm leaning short here

Entry: around 425–435

Stop Loss: 447

Targets:

TP1: 405

TP2: 382

On the lower timeframes, we're seeing clean rejection at the highs with sellers absorbing the buys. Buyers just can't push it further, so this rally looks more like a correction than the start of something bigger. As long as this level holds as resistance, I'm favoring more downside.

$ZEC

ZEC
ZECUSDT
410.14
-8.08%