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$ZEC Dead Cat Bounce is getting Fresh Rejection
Short $ZEC
Entry: 375 - 395
SL: 425
TP1: 355
TP2: 345
TP3: 325
TP4: 295
Why:
After an extreme crash from the 640 region to 250, ZEC staged a relief bounce but remains trapped well below the 25 MA and 99 MA on the 4H chart. The recent recovery is losing momentum near resistance while MACD remains bearish despite a slight improvement in histogram strength. Volume has also started to cool after the panic move. Unless buyers reclaim the 425 zone, this looks more like a corrective bounce inside a larger downtrend.
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