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$ZEC
Sellers are holding the line at resistance and momentum points down for a correction.
Entry: 405 to 412
TP1: 390
TP2: 370
TP3: 345
TP4: 320
Stop Loss: 425
Setup logic
ZEC is hitting heavy resistance around the 410 area.
Last rally looks stretched and ready for profit taking.
Sellers will likely defend this zone hard.
If price fails to clear 425, expect a deeper drop.
Risk to reward is solid for a short.
Risk notes
Take partial profit at each target.
Move stop to breakeven after TP1 hits.
If we get a daily close above 425, the bearish idea is done.
ZECUSDT Perp
You fading ZEC at 410, or waiting for that wick toward 425 first?