$ZEC — Bounce Looks Corrective, Not a Trend Reversal
The recent bounce in $ZEC appears to be a technical pullback, not a genuine shift in trend. Price remains below the key breakdown area, keeping bearish structure intact.
Short Setup — $ZEC
📍 Entry: 372 – 377
🛑 Stop Loss: 395
🎯 TP1: 355
🎯 TP2: 340
$ZEC is still trading under its major supply / breakdown zone after completing a clear Head & Shoulders formation earlier. The move into the 370s is simply a retest of prior resistance, where sellers are showing up again.
As long as price fails to reclaim this zone, downside continuation remains the higher-probability scenario.
ZECUSDT | Perp
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