🔴 $ZEC Bearish Alert 📉
A $7.4183K long liquidation at $457.13 signals that leveraged bulls have been forced out, adding short-term selling pressure. The liquidation level around $457.13 now acts as a key resistance zone until buyers reclaim it with strength.
💰 Entry Zone: $456–$457 (on rejection)
🎯 Targets: $450 → $442 → $435
🛑 Stop Loss: Above $463
📍 Support: $450–$442
📍 Resistance: $457.13–$463
As long as ZEC remains below $457.13, sellers are likely to maintain pressure, targeting $450 first and $442 next. A decisive breakdown below support could extend losses toward $435, while a sustained recovery above $463 would invalidate the bearish setup and increase the probability of a short-term reversal.
Strength Rating: ⭐⭐⭐☆☆ (3/5 Bearish) — A $7.4183K long liquidation indicates moderate selling pressure and supports short-term downside unless buyers reclaim the liquidation zone
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