$ZEC
Trade Setup
Entry: 409–412 (on 4H close below 408)
TP1: 390 (quick 5%)
TP2: 375 (secure 9%)
TP3: 360 (max 12%)
Stop: 425 (above recent swing high)
ZEC is showing classic topping behavior. Price rejected hard at the 450 resistance, forming a lower high on the 4H while momentum rolls over. Volume is thinning, and the daily SAR just flipped bearish. Expect a swift breakdown below 408 to trigger cascading liquidations toward the 380–360 demand cluster.
Short Market Outlook
Momentum: RSI bearish divergence + MACD cross down.
Trend: Local uptrend exhausted, distribution phase active.
Key Levels: 425 is the line in the sand; lose 408 and 380 is next magnet.