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$ZEC another rejection from the resistance trendline.
Price recently rebounded from the lower channel support but failed to sustain bullish momentum near the local trendline resistance.
📉 Technical View:
• Pattern: lower high forming within a descending channel
• Bias: bearish while price remains under the descending resistance structure
• Key Level: the lower channel support acting as the next downside magnet
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⚠ A breakdown below the rising support line could trigger an accelerated move toward the bottom of the macro channel
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