đš $ZEC WARNING: PUMP MAY BE A BULL TRAP
Zcash exploded to the upside â but now itâs struggling to hold near the highs đ
Momentum is fadingâŠ
And the chart is starting to show signs of distribution, not strength.
Crypto analyst Cryptorphic warns the real move may still be DOWN đ
đ Key Levels to Watch:
đŽ Major Resistance: $300
ZEC pushed into this zone after the pumpâŠ
But FAILED to break through cleanly.
Every bounce since then?
đ Weaker than the last.
Sellers are defending hard.
Buyers are losing steam.
As long as $ZEC stays capped under $300,
Upside remains limited â and downside risk grows.
đą Critical Support: $281
ZEC is now sitting near the lower edge of the range.
If $281 breaks:
â Market structure fails
đ Breakdown risk increases
âŹïž Next major support comes into play FAST
This tightening price action is exactly where sharp moves begin.
Stay cautious â ïž

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