Reclaim failed near 600 after a strong bounce from 550. Sellers are pressing the range high.
Your call:
Short Setup $ZEC
Trigger Zone: 598.0 – 602.0
Targets: 585.0 – 575.0
SL: 605.0
$ZEC is trading at 598.20 after a steady climb from 550. The price is struggling to break above 600, with repeated wick rejections near the 602 level. Volume is strong, but buyers are losing momentum near the round number. A failure to hold above 595 could trigger a move back toward 575.
Is this the start of a retracement or just a pause before another leg up?
Your call:
Short Setup $ZEC
Trigger Zone: 598.0 – 602.0
Targets: 585.0 – 575.0
SL: 605.0
$ZEC is trading at 598.20 after a steady climb from 550. The price is struggling to break above 600, with repeated wick rejections near the 602 level. Volume is strong, but buyers are losing momentum near the round number. A failure to hold above 595 could trigger a move back toward 575.
Is this the start of a retracement or just a pause before another leg up?
ZEC 🍎
BULL TRAP OR REAL? 🛑
18 ساعة (ساعات) مُتبقية