$ZEC /USDT SHARP BEARISH — WATCH 260 SUPPORT ⚠️
$ZEC is under strong selling pressure, down -10.73% in the last 24h. Price is trading below MA(7) at 263.56 and MA(25) at 263.96, with MA(99) at 277.89 acting as heavy resistance. MACD shows a negative divergence (DIF: -1.44), confirming bearish momentum. The next critical support zone lies between 260–263, which may dictate whether the sell-off continues or stabilizes.
📊 Trade Setup (Aggressive Bearish)
🔹 Entry Zone: 263 – 264 (short-term resistance retest)
🎯 Take Profits:
• TP1: 260.76
• TP2: 259.99
• TP3: 257.50 (lower intraday support)
🛑 Stop Loss: 265.50 (above recent swing high)
📈 Short Market Outlook
• Price below MA(7)/MA(25) = strong bearish pressure
• MACD negative = downward momentum confirmed
• 260–263 = key intraday support zone
• 265–277 = immediate resistance, unlikely to breach without reversal
Expect continued short-term selling, with possible stabilization if 260 support holds.
