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$ZEC has broken down from its recent range after failing to hold the 550-580 zone. Price is now trading well below all major MAs with clear bearish momentum and distribution structure following the rejection from 689.
Entry Zone: 505 - 520
TP1: 486
TP2: 460
TP3: 420
Stop-Loss: 545
This is a clean bearish continuation setup. Holding below 530 keeps sellers firmly in control with further downside likely.
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