⭐ $ZEC resistance test weakening as upside momentum fades.
SHORT: ZEC
Entry: 289 – 294
Stop-Loss: 310
TP1: 270
TP2: 255
TP3: 238
ZEC is pressing into a prior supply zone following an extended move, but the current advance appears corrective rather than impulsive. Price is reacting near an area where breakdown previously occurred, signaling that sellers may be defending this level again.
The bounce failed to reclaim stronger bullish structure, and momentum is beginning to stall near local highs. If rejection confirms in this zone, rotation toward the last demand area and liquidity resting beneath recent swing lows becomes the more probable path.
As long as 310 remains protected as the invalidation level, the setup favors downside continuation toward the outlined targets.
Trade $ZEC here 👇
ZECUSDT
Perp
282.64
-0.42%