🚨 $ZEC
SHORT Setup 🚨
📊 SHORT | Strength: 7/10 | Perp Futures
🎯 Targets:
TP1: $287.67 (24h Low)
TP2: $283.92 (Bollinger DN)
TP3: $270.00 (Psychological)
📉 Why Short:
• Bearish structure — Price below MB ($308.36) and rejected from 24h High ($333.06)
• Resistance ahead — $365-$450 order blocks overhead, strong supply zone
• Overbought unwind — Funding rate hit all-time high, crowded longs at risk
• Technical warning — Wyckoff distribution phase suggests markdown coming
🔑 Levels:
Resistance: $308.36 (MB) / $332.81 (UB)
Support: $287.67 / $283.92 / $268.57
⚡ Trade Setup:
Entry: $295.00 - $297.00
Stop-Loss: $310.00 (4.5% risk)
R/R: 3.2:1 to TP3
Position: 2-3%
⚠️ Risk: Grayscale fund news still floating . Wait for confirmation below $295.
#ZEC #Short #PrivacyCoinTrends