ZEC/USDT H2: Bearish pressure on mid-term levelsZcash / USDTMEXC:ZECUSDTTerminator_Crypto_Analyst🎯 TP1: $481.81 (+1.26%) │ TP2: $477.19 (+2.21%) 🛑 SL: $499.49 (-2.36%) │ R/R: 1 : 0.94 ⚠️ The stop is wider than TP2 (R/R < 1) — the closer target is hit more often, but adjust your position size according to the stop loss. FUNDAMENTAL BACKGROUND Zcash is moving without strong independent catalysts — despite Zcash Labs' announcement about funding integrations, the market has not yet seen an immediate price impact. The absence of significant macro releases in the coming days leaves the asset dependent on the broader crypto market dynamics, where Bitcoin's dominance limits altcoin potential. The technical picture becomes the key driver. TECHNICAL PICTURE The price of $487.97 is below key moving averages (EMA 20 — $489.21, EMA 50 — $491.68), confirming a bearish bias. ADX 12.4 indicates a weak trend with seller dominance, while MACD in the negative zone (-0.4) reinforces this signal. VWAP $489.88 acts as the nearest resistance, with support in the $480–482 zone. PROBABILITY MODEL The probability of further decline is 46%, flat movement 16%, and reversal upward 38%. The model estimates confidence in the scenario at 50%, reflecting moderate volatility (ATR 6.16) and the absence of a clear impulse. DIRECTION 🔴 SELL Short positions are justified by the price being below the EMA cluster and negative MACD.