📉 $ZEC /USDT — Downtrend Continuation with Weak Recovery Attempt
ZECUSDT
Perp
216.69
-0.88%
/USDT remains under clear bearish pressure across both lower and higher timeframes, with consistent lower highs and price trading below all key EMAs — a strong indication of trend continuation. After a sharp rejection from the 247 zone, price has steadily declined and is now attempting a weak bounce from the 209 support area. However, the lack of bullish strength suggests this is likely a relief move rather than a reversal. Unless ZEC reclaims the 220–224 resistance zone, downside risk remains dominant, with a potential breakdown below 209 opening the door toward 200–195 levels.
📊 Trade Setup
Short Zone: 218 – 224
Target: 200 – 195
Stop-loss: 230
⚡ Respect the trend — bearish structure remains intact until proven otherwise.