$ZEC — Rally Rejected, Sellers Still in ControlThe bounce is failing to gain acceptance and is being actively sold into. Buyers couldn’t hold higher levels, and supply showed up immediately in the resistance zone — a clear sign this move is corrective, not a trend reversal.Short $ZEC•Entry: 345 – 355•Stop Loss: 368Targets:•TP1: 332•TP2: 318•TP3: 302Technical Insight:The upside push stalled fast, followed by renewed sell pressure, indicating distribution rather than accumulation. As long as price is capped below this zone, downside continuation is favored. Manage risk and scale out at targets. 📉
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$ZEC — Rally Rejected, Sellers Still in ControlThe bounce is failing to gain acceptance and is being actively sold into. Buyers couldn’t hold higher levels, and supply showed up immediately in the resistance zone — a clear sign this move is corrective, not a trend reversal.Short $ZEC•Entry: 345 – 355•Stop Loss: 368Targets:•TP1: 332•TP2: 318•TP3: 302Technical Insight:The upside push stalled fast, followed by renewed sell pressure, indicating distribution rather than accumulation. As long as price is capped below this zone, downside continuation is favored. Manage risk and scale out at targets. 📉