$ZEC $ZEC Entry Zone: $214.50 – $218.00
Targets: $232.00, $248.00, $258.00
Stop Loss: $208.50
Analysis: ZEC is currently in a confirmed bearish trend, characterized by a series of lower highs and lower lows. The price is trading at $219.66, pinned below the MA 25 ($232.73) and the MA 99 ($258.65). While it has recently bounced off the MA 7 ($214.56), this is currently viewed as a relief rally within a larger downtrend. A sustained break above $233 is required to change the 4H market structure to bullish.