#scalptrading
$ZEC – Short Setup 📉
I'm looking for a short on ZEC after the sharp rejection from resistance. Price is still trading below the higher-timeframe trendline, and this looks like a good area for sellers to step back in.
Trade idea:
Entry: Around 487.4
Stop Loss: 491.7
TP1: 484.2
TP2: 481.0
TP3: Let the remainder run if momentum continues.
This setup is based on price rejecting into resistance while the overall trend remains bearish. As long as ZEC stays below the descending trendline, I'll be looking for continuation to the downside.
As always, manage your risk accordingly—this is just how I'm personally trading the setup.
$ZEC – Short Setup 📉
I'm looking for a short on ZEC after the sharp rejection from resistance. Price is still trading below the higher-timeframe trendline, and this looks like a good area for sellers to step back in.
Trade idea:
Entry: Around 487.4
Stop Loss: 491.7
TP1: 484.2
TP2: 481.0
TP3: Let the remainder run if momentum continues.
This setup is based on price rejecting into resistance while the overall trend remains bearish. As long as ZEC stays below the descending trendline, I'll be looking for continuation to the downside.
As always, manage your risk accordingly—this is just how I'm personally trading the setup.