📊 $ZEC USDT Market Update

Trade Type: INTRADAY / BREAKDOWN WATCH

Current Price: 259.96

24H Change: -11.10%

Immediate Support: 257.80

Major Support: 252.00

Key Resistance: 263.50 – 268.00

Market Structure:

Price is trading below MA(7) & MA(25).

MA(99) far above price → strong bearish trend.

Recent volume spike on red candle → selling pressure active.

Bearish Scenario:

Break below 257.80 with volume

TP1: 252.00

TP2: 245.00

Stop Loss (Short): 264.50

Bullish Scenario (Relief Bounce):

Reclaim 263.50 zone

TP1: 268.00

TP2: 274.00

Market View:

Trend is clearly bearish on 15m timeframe.

Better to trade breakdowns or wait for strong reversal confirmation.

Avoid random long entries in downtrend.

👉 Momentum favors sellers unless 263.50 is reclaimed with strength.$ZEC

ZEC
ZECUSDT
242.77
-6.37%

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