$ZEC enters supply after a weak rebound — this looks more like distribution rather than strength. Trading plan: Short $ZEC Entry: 230–237 Stop loss: 250 First target: 214 Second target: 198 Third target: 176 The upward move feels corrective, and volume has not expanded with the price increase. You can see rejection starting near previous resistance, followed by stalled buying. The structure still leans toward lower highs, with sellers cleanly defending this area. If it cannot reclaim and hold above supply, the probability of further downside is higher. Trading $ZEC $BTC
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$ZEC enters supply after a weak rebound — this looks more like distribution rather than strength.
Trading plan: Short $ZEC
Entry: 230–237
Stop loss: 250
First target: 214
Second target: 198
Third target: 176
The upward move feels corrective, and volume has not expanded with the price increase. You can see rejection starting near previous resistance, followed by stalled buying. The structure still leans toward lower highs, with sellers cleanly defending this area. If it cannot reclaim and hold above supply, the probability of further downside is higher.
Trading $ZEC $BTC