$ZEC Short with maximum leverage 20x, pushing into the resistance zone 🔻
ZEC Short Trading Plan (20x)
Entry: 572.56 – 575.00
SL: 589.18
TP1: 560.00
TP2: 550.00
TP3: 535.32
ZEC is pushing up to the 572.56 – 575.00 zone after a pullback from below. But don't get your hopes up too high; this zone is showing clear resistance. The current movement looks sluggish, volume isn't explosive, and the overall structure still favors sellers.
The stop loss is placed at 589.18, a fairly clean level, above the resistance zone. If it gets swept, don't regret it. If the price is rejected here, the targets of 560.00 → 550.00 → 535.32 are entirely feasible.
20x leverage is very high. The distance from entry to stop loss is quite close (2.5-2.9%). Even a slight wick can wipe out the order. This is only for experienced traders with extremely tight capital management. NOT for beginners.
Shorting with 20x leverage might trigger a dip. Have you entered yet? Comment to discuss!
ZEC Short Trading Plan (20x)
Entry: 572.56 – 575.00
SL: 589.18
TP1: 560.00
TP2: 550.00
TP3: 535.32
ZEC is pushing up to the 572.56 – 575.00 zone after a pullback from below. But don't get your hopes up too high; this zone is showing clear resistance. The current movement looks sluggish, volume isn't explosive, and the overall structure still favors sellers.
The stop loss is placed at 589.18, a fairly clean level, above the resistance zone. If it gets swept, don't regret it. If the price is rejected here, the targets of 560.00 → 550.00 → 535.32 are entirely feasible.
20x leverage is very high. The distance from entry to stop loss is quite close (2.5-2.9%). Even a slight wick can wipe out the order. This is only for experienced traders with extremely tight capital management. NOT for beginners.
Shorting with 20x leverage might trigger a dip. Have you entered yet? Comment to discuss!