$ZEC — Consolidation below VWAP, signs of exhaustion
Short #zec
Entry: 298.50 – 301.00
Stop Loss: 305.50
TP1: 291.50 (Immediate support)
TP2: 284.00
TP3: 275.00 (Conservative target above local low)
Following a local impulse, the price failed to reclaim and hold above the VWAP and is currently consolidating beneath it. On both 15m and 5m timeframes, the RCI indicator shows clear weakness—unable to sustain momentum in the upper zone and curling downward.
Buying volume is fading, and bulls are no longer pushing for a continuation. This structure looks more like distribution after a news-driven pump rather than healthy accumulation.
As long as the price stays below the VWAP level (approx. 303.20), a downside retracement remains the high-probability play.
Manage your risk.
ZECUSDT
Perp
267.84
-9.42%