⚠️$ZEC Alert 🚨
Zcash rejected $400 and broke $350.😱
Momentum favors shorts below resistance.😬
Price just lost the key $350 support (red line). This level was holding multiple times, but now we’ve got a clean breakdown + strong bearish candle.
📌 What happened:
• Lower high formed near ~$400 (marked area)
• Rejection from resistance
• Support at ~$350 failed
• Momentum is clearly bearish
📉 Bias: Short / Bearish continuation
🎯 Next potential targets:
➡️ $320
➡️ $300
➡️ If panic selling kicks in: $280 zone
⚠️ As long as price stays below $350, any bounce is likely a dead-cat bounce.
🧠 Trading idea (not financial advice):
Wait for a pullback toward $345–350 for short entries with tight stops above $360.
💬 Let me know in the comments:
Are you shorting ZEC or waiting for confirmation?
