ZEC/USDT H1: Seller pressure against overbought conditionsZcash / USDTMEXC:ZECUSDTTerminator_Crypto_Analyst🎯 TP1: $761.94 (+2.68%) │ TP2: $746.19 (+4.69%) 🛑 SL: $822.20 (-5.02%) │ R/R: 1 : 0.94 ⚠️ Stop is wider than TP2 target (R/R < 1) — closer targets are hit more often, but adjust position size according to stop loss FUNDAMENTAL BACKGROUND ZEC faced a correction after a sharp rally on news of a potential Grayscale ETF and discussions about emission model changes. ADX 25.0 confirms a strong bearish trend despite the overall risk-on sentiment in the crypto market. The Fear & Greed Index in the Extreme Greed zone (65–83) increases the risk of a pullback after the impulsive move. TECHNICAL PICTURE Price ($782.93) is trading below key moving averages (EMA 20: $787.06, EMA 50: $794.09), reinforcing the bearish signal. MACD histogram is in negative territory (-0.16) and below the signal line. VWAP ($789.05) acts as dynamic resistance, confirming current seller dominance. PROBABILITY MODEL Probability of bearish continuation — 42%, sideways — 19%, bullish reversal — 39%. High model confidence (75%) and strong volatility (ATR 13.9965) support further downside. DIRECTION 🔴 SELL Signal is confirmed by price below EMA 20/50 and negative MACD.