$ZEC /USDT – Short Setup (Bearish Rejection at Resistance)
Market Structure:
ZEC is showing clear rejection from a strong supply zone near the recent high. Momentum is slowing after an extended bullish push, and price is now trading below resistance, suggesting a corrective move or trend reversal to the downside.
📉 Short Trade Setup
Entry Zone:
392 – 400 USDT (sell on pullbacks into resistance)
Targets:
Target 1: 374 USDT
Target 2: 360 USDT
Target 3: 342 USDT
Stop Loss:
408 USDT (above major resistance & liquidity sweep zone)
🔑 Key Levels to Watch
Major Resistance: 400 – 404
Immediate Resistance: 391 – 396
Support Zones:
374 – 378
360 – 365
340 – 345
📊 Technical Outlook
Bearish rejection from daily resistance
RSI cooling down from overbought conditions
Volume declining at highs → weakening bullish momentum
Below 400 resistance, sellers remain in control