$ZEC — SHORT 📉
Momentum looks bearish, with room for a deeper move if sellers maintain pressure.
Trade Details:
Entry: 667
TP1: 654
TP2: 640
TP3: 620
SL: 688
Why we like this:
Price is facing a clear rejection near local resistance, failing to sustain higher levels as selling volume picks up. With momentum indicators breaking downward and distribution clearly underway, maintaining this downside pressure opens the door for a swift move toward the 620 liquidity targets with well-defined risk.
Momentum looks bearish, with room for a deeper move if sellers maintain pressure.
Trade Details:
Entry: 667
TP1: 654
TP2: 640
TP3: 620
SL: 688
Why we like this:
Price is facing a clear rejection near local resistance, failing to sustain higher levels as selling volume picks up. With momentum indicators breaking downward and distribution clearly underway, maintaining this downside pressure opens the door for a swift move toward the 620 liquidity targets with well-defined risk.