Strong rejection from the upper zone shows sellers are still dominating the chart. Buyers tried to push price up, but every small bounce is getting sold quickly. Momentum looks weak, so downside pressure is still active.

I’m looking at a short setup on $ZEC /USDT from the current area.

Short: $ZEC /USDT

Entry: 278 – 282

Stop Loss: 289

TP1: 274

TP2: 268

TP3: 260

ZEC
ZECUSDT
271.2
-5.45%

Price is staying close to intraday lows and not showing any strong recovery. As long as 289 acts as resistance, the bearish move can continue. Manage risk properly and stick to your plan.