🔥 🚨 $ZEC Bulls Exhausted at Resistance, Bearish Momentum Building 👀📉

Zcash just ran into heavy resistance after its extended rally and was rejected with strong selling pressure, snapping short term structure and shifting momentum to the downside. Recent technicals point to sellers in control until proven otherwise especially as ZEC struggles to reclaim key levels after failing at overhead resistance and slipping below trend support

📊 Market Context

• ZEC was capped under resistance near $460 $480, breaking the prior bullish structure and triggering corrective action.

• The break below trend support aligns with bearish momentum and a descending pattern still in play, with sellers holding the edge.

• Several analysts note that failure to reclaim resistance with volume continues to keep the bears comfortable

📌 SHORT TRADE SETUP Bearish Play

👉 Entry: $442 $448 short into resistance zone where sellers re engage.

⚠️ Stop Loss: $468 invalidation above recent swing high supply rejection.

🎯 Targets

• TP1: $415 first demand area.

• TP2: $390 next structural support.

• TP3: $360 deeper downside zone.

💥 Trade Rationale

Price hit major resistance, printed rejection wicks, and broke structure, signaling buying momentum has dried up at this level. Without a decisive reclaim and strong volume, the path of least resistance is downward as lower supports get tested

🔥 Summary

Supply rejection → structure break → bears in control → downside targets valid. This setup is feel based and chart driven, not hype.

Not financial advice always manage your risk and let price action confirm before entering trades. 🚀