The short position initiated this morning is performing as expected. Price action remains pinned near the range lows, suggesting further downside potential. Technical setup favors continuation lower from current levels—watch for support breakdown to confirm directional bias. The risk-reward setup on this ZEC short looks favorable if we see follow-through selling into the lower boundary.
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Hash_Bandit
· 9h ago
zec's been a weird one to mine—asic resistance never really stuck, did it? but ngl, watching support crumble like this... reminds me of the gpu mining days when difficulty adjusted faster than we could say "thermal throttle." short setup looks clean if volume follows through.
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MrRightClick
· 9h ago
ZEC is dropping again? If this short position breaks the support, it will be great.
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BugBountyHunter
· 9h ago
This round of short positions on ZEC looks quite comfortable. Once the support breaks, get ready to push down.
ZEC/USD - Technical Update
The short position initiated this morning is performing as expected. Price action remains pinned near the range lows, suggesting further downside potential. Technical setup favors continuation lower from current levels—watch for support breakdown to confirm directional bias. The risk-reward setup on this ZEC short looks favorable if we see follow-through selling into the lower boundary.