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$ZEC /USDT (1H) - Bearish Continuation
Bias: Short
Entry (Zone): 241.0 – 246.0
Targets:
TP1: 235.0
TP2: 225.0
TP3: 208.0
Stop Loss: 253.0
Why this Setup:
I’m staying bearish here because ZEC is still printing lower highs and every bounce is getting sold into fast. Current price is around 241.35 and the recent rebound failed to hold, which tells me the move up was corrective, not a real trend flip. I want to short strength into the 241–246 supply area and look for rotation back toward the prior breakdown levels. As long as price keeps rejecting and can’t reclaim the mid-240s with momentum, I expect sellers to stay in control and push price toward lower liquidity zones.
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