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$ZEC experienced a significant long liquidation around $359.22, indicating that leveraged buyers were aggressively forced out of their positions. The large liquidation size reflects strong bearish pressure and suggests sellers currently have control of the short-term trend. If price remains below key resistance levels, further downside movement could follow as market sentiment weakens.
Entry: $357.00 - $362.00
SL: $370.00
TP1: $348.00
TP2: $336.00
TP3: $322.00
TP4: $305.00
Momentum remains bearish, and recent recovery attempts have faced strong selling pressure. Watch support levels closely and trade with proper risk management.
Sell and Trade $ZEC