$ZEC /USDT SHORT TRADE SETUP
$ZEC is currently trading at 235.29, showing a sharp rejection after failing to sustain momentum above the 237.29 local peak. The 15m chart indicates a cooling-off period following a strong recovery attempt, with a large red candle signaling potential downward pressure as it moves away from its 24h high of 244.72. Despite a small gain in the very short term, the daily sentiment remains bearish with a -1.56% decline, suggesting that the recent bounce was a relief move into a supply zone.
Target Points
TP1: 231.50
TP2: 228.20
TP3: 222.00
Stop Loss
Set stop loss above 239.50 to manage risk against a potential breakout back toward the daily highs.
Buy and Trade here on $ZEC
ZECUSDT
Perp
231.97
-3.75%