🚨$ZEC trendline breakdown confirmed.
Bias: bearish until reclaimed.😱
Watching 400–420 as resistance and 350–330 as the next demand zone.😬
ZEC has officially lost its ascending trendline support on the higher timeframe.
🔴 What happened?
Price respected the rising trendline multiple times (highlighted circles).
This confirmed buyers were defending higher lows.
Once the trendline broke, momentum shifted bearish.
The breakdown triggered panic selling & stop-loss hunts, leading to the sharp drop we’re seeing now.
📌 Key Levels to Watch
Previous support → now resistance: ~400–420
Immediate demand zone: ~350–330
If 350 fails, expect further downside continuation.
⚠️ Trading Insight
Trendline breaks often lead to strong impulsive moves.
Chasing longs after support breaks is risky.
Best strategy: wait for confirmation or a clean retest before entering any position.
💡 Lesson for Traders
Support is strong… until it isn’t.
Always respect trendline breaks and manage risk.
