$ZEC — SHORT SETUP 🔴

SHORT $ZEC
Entry: 390 – 400
SL: 415
TP1: 370
TP2: 340

ZEC lost the key $400 support, turning it into resistance and triggering algorithmic and stop-loss selling. Momentum remains bearish with MACD accelerating downside and RSI still weak despite nearing oversold territory. Ongoing governance uncertainty continues to cap bullish confidence, while rising Bitcoin dominance pressures altcoins overall. As long as ZEC trades below $400, the bearish structure remains intact.
Risk is invalidated on a strong reclaim and daily close above resistance.

Trade $ZEC here 👇

ZECUSDT

Perp

287.59

-1.10%