ZECUSDT 4H – Watching for a Rejection at Trendline Resistance

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ZECUSDT 4H – Watching for a Rejection at Trendline ResistanceZcash / TetherUSBINANCE:ZECUSDTAbstaina44 ZECUSDT 4H – Watching for a Rejection at Trendline Resistance ZEC is approaching a key decision point on the 4H timeframe. After a prolonged downtrend, price has bounced into a previous support trendline that may now act as **dynamic resistance**. This area also aligns with the 20 EMA, making it a confluence zone worth watching. Trade Idea I'm not entering immediately . Instead, I'm waiting for bearish confirmation around the current resistance. Scenario: * Rejection from the trendline. * Bearish candle confirmation on the 4H. * Short entry after confirmation. Targets First target: Previous swing low around **$445 If bearish momentum continues, the next major support lies around the $410–420 region. Invalidation A strong 4H candle closing above the trendline and holding above the recent highs would invalidate this bearish setup and could open the door for further upside. 📊 Technical Confluence * Dynamic trendline resistance * 20 EMA acting as resistance * Lower highs and lower lows remain intact * RSI is recovering from oversold territory but is still below the bullish momentum zone Patience is key here. I'm waiting for price to confirm the direction rather than anticipating the move. This is my personal technical analysis, not financial advice. Always manage your risk.** #ZEC #ZECUSDT #Crypto #TechnicalAnalysis #PriceAction #TradingView #Binance #SwingTrading #RiskManagement