$ZEC is showing bearish pressure around $1242.78 following a long liquidation. If the price continues to weaken and faces rejection near this level, a short trade may offer an opportunity. Traders should wait for confirmation before entering the market.
Entry Price (EP): $1240–$1245
Take Profit 1 (TP1): $1232
Take Profit 2 (TP2): $1220
Take Profit 3 (TP3): $1205
Stop Loss (SL): $1255
Always manage your risk carefully and confirm the price movement before entering a trade. Liquidation data alone does not guarantee market direction, and market conditions can change quickly.