$ZEC pressing into resistance after an extended leg up, and momentum is starting to flatten out.
Trading Plan – Short $ZEC
Entry: 290 – 300
SL: 310
TP1: 270
TP2: 255
TP3: 238
Price is testing a prior supply zone where the last breakdown initiated, and this current advance looks more corrective than impulsive.
The bounce lacked strong follow through, and buyers haven’t been able to reclaim key structural levels.
Momentum is fading near local highs, suggesting exhaustion rather than continuation.
If sellers defend this zone and rejection confirms, a rotation back toward the previous demand area becomes likely. That move could also sweep liquidity resting below recent swing lows before any meaningful reaction.
ZECUSDT
Διην.
280.96
-0.64%