$ZEC / USDT Market Update 🔻
ZEC
260.74
-6.04%
Current Price: 265.07
Trend: Bearish
Momentum: Downward pressure increasing
Analysis:
$ZEC is currently moving downward with strong selling pressure. The structure shows weakness as the price continues forming lower levels. If this momentum continues, we could see further downside in the short term.
Buyers need to step in at key support zones to prevent a deeper correction. Until then, trend remains bearish.
Support Zones: 258.00 – 250.00
Resistance Zones: 272.00 – 280.00
TP 🎯 (Short Setup)
TP1: 258.00
TP2: 250.00
TP3: 240.00
Invalidation:
Strong breakout above 280.00 with volume confirmation.