Was that the local top… or just a pause before another leg up ???
Everyone got excited after the $ZEC pump… but the chart is starting to cool down.... Price pushed hard toward 250 and now sellers are stepping in with clear rejection from the highs. $ZEC — SHORT 📉 Entry: 236 – 242 SL: 252 TP1: 225 TP2: 214 TP3: 198 That sharp move from 215 → 250 looks like a classic exhaustion push. Momentum is slowing and lower candles are starting to appear. If 240 stays resistance, sellers can push ZEC back toward 225 quickly. Lose 225 and the correction could accelerate. Click here to Trade 👇️
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Was that the local top… or just a pause before another leg up ???
Everyone got excited after the $ZEC pump… but the chart is starting to cool down....
Price pushed hard toward 250 and now sellers are stepping in with clear rejection from the highs.
$ZEC — SHORT 📉
Entry: 236 – 242
SL: 252
TP1: 225
TP2: 214
TP3: 198
That sharp move from 215 → 250 looks like a classic exhaustion push.
Momentum is slowing and lower candles are starting to appear.
If 240 stays resistance, sellers can push ZEC back toward 225 quickly.
Lose 225 and the correction could accelerate.
Click here to Trade 👇️