📊 $ZEC USDT Market Update
Trade Type: SHORT (Bearish Trend Continuation)
Current Price: 261.40
24H Change: -8.68%
Entry Zone: 261 – 264
Immediate Resistance: 262.50
Major Resistance: 267.70
Targets:
TP1: 257.80
TP2: 252.00
TP3: 245.00
Stop Loss: 269.00
Market Structure:
Price trading below MA(25) and far below MA(99) → Strong higher timeframe downtrend.
Lower highs forming after rejection from 267.70.
MA(99) trending downward showing dominant bearish pressure.
Bearish Scenario:
Sustained move below 257.80 opens downside toward 252 – 245 zone.
Weak volume on bounces indicates sellers still in control.
Bullish Scenario:
Break and close above 269 invalidates short bias and may push toward 275+.
Market View:
Trend remains bearish while price stays below 267 resistance.
Short positions favored on pullbacks.
Avoid counter-trend longs unless clear breakout confirmation.
👉 Trade with proper risk management.$ZEC
