đ„Great job on the +102% profit with $ZEC , @Mishukm ! đ Capturing that move at 50x leverage shows some solid timing.
âAs of February 16, 2026, Zcash ($ZEC ) is currently one of the market's "top losers," dropping over 8% after failing to hold the psychological $300 level. Technical indicators across the board show a "Strong Sell" sentiment on the daily chart, with the 50-day EMA acting as a heavy resistance ceiling.
ââđ #ZECUSDT SHORT TRADE
âTrend: Bearish Continuation / Breaking Support
âZcash is under significant pressure as it trades below the $300 resistance. With the broader market testing privacy coins, the path of least resistance remains downward toward historical demand zones.
âđŻ Trade Setup
âEntry Zone: $290.95 â $295.00 (Current level to small pullback)
âLeverage: 10x â 20x (Recommended) | 50x (High Risk)
âđ° Take Profit (TP) Targets
âTP 1: $285.00 (Immediate Fibonacci support retest)
âTP 2: $265.00 (Major psychological and technical floor)
âTP 3: $240.00 (Long-term demand zone)
âđĄ Stop Loss (SL)
âSL: $312.00
âThis level is set just above the psychological $300 barrier and recent resistance. A daily close above $310 would invalidate the bearish setup.
ââ ïž Pro-Trader Tip: Since you are already in profit from your 290.95 entry, you might consider moving your Stop Loss to Break Even to ensure a risk-free trade while riding the move to TP2.#TradeCryptosOnX #MarketRebound #USRetailSalesMissForecast #OpenClawFounderJoinsOpenAI