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$ZEC Update
Current Trend still Bearish but I'd consider scalp Long for a tactical rebound
Key rejection at 307.74 (24h high) with follow-through selling.
Recent hammer-like candle at 278.2 with high volume suggests potential capitulation.
Consolidation between 278-290 USDT reflects indecision.
Capital Flow:
Short-term (1H) contract net inflow: +4.32M USDT (contradicts price drop, suggesting potential accumulation).
Mid-term (4H/12H) outflows dominate (-4.83M and -9.82M USDT), aligning with the broader downtrend.
Entry long
$ZEC • Ideal: Break above 292 USDT (MA5 resistance) with volume
• Aggressive: Near current levels 287-289 with tight stop-loss
Stop-Loss: 278 USDT (aligning with support and recent low).
Target
$ZEC 307 USDT (matching resistance and previous high).
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$ZEC #MarketCorrection #zec @Zia 09 #zia09