$ZEC — bearish continuation under VWAP resistance after a local breakdown.

Short $ZEC

Entry: 314.80 – 322.00

Stop Loss: 328.50

Take Profits:

TP1: 310.50

TP2: 306.00

TP3: 298.50

Rationale:

Price is in a clear downtrend, consistently trading below the VWAP which serves as a ceiling for any relief attempts. The 1-hour chart shows a sharp liquidation candle with no immediate buyer absorption. RCI on the 15-minute timeframe is attempting a minor reset, providing a lower-risk entry for a trend continuation play. Targets are conservative, focusing on recent lows and key support levels. Manage risk.

ZEC
ZECUSDT
295.49
+1.49%