🚨 $ZEC Clear Downtrend
The current price 218 is below all major moving averages (MA5=237, MA10=241 MA20=248, MA120=283), indicating a strong bearish alignment. The steep decline and widening gap between price and MAs suggest sustained selling pressure.
Recent K-line data shows elevated volume during price declines at 230 and low volume during minor rebounds, confirming selling dominance. This aligns with the bearish momentum.
Capital Flow: Both perpetual and spot capital flows show significant outflows over all timeframes ( -25M USDT in 24h for perpetual, -6.3M for spot). The consistency across short and long-term outflows reinforces strong selling pressure and lack of buyer interest.
Entry short $ZEC : 222 (resistance) or on any rebound toward 228–230 (lower BOLL band area).
Stop Loss: 235 (above MA5 and recent minor highs)
Target Price: 213, secondary target at 200
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ZECUSDT
Perp
226.33
-16.14%
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