$ZEC
Preferred: SHORT (mean-reversion play)
Entry: 820 – 830 (on rejection / bearish candle confirmation near highs or if it retests 833)
Stop Loss: 845 – 850 (above recent high + buffer)
Take Profit 1: 780 – 785 (first support / prior consolidation)
Take Profit 2: 740 – 750 (stronger support / approaching mid-BB area)
Take Profit 3: 700 – 710 (mid Bollinger / deeper correction)
Risk-Reward: Aim for at least 1:2 or better. Move SL to breakeven after TP1.
2. Alternative: LONG (only on pullback – do not chase)
Entry Zone: 740 – 760 (or better, near 700–720 if deeper correction)
Stop Loss: Below 690–700 (under mid-BB / key support)
Take Profit 1: 820 – 830 (retest of current highs)
Take Profit 2: 880 – 900+ (extension if momentum resumes)
Key Levels to Watch
Resistance: 833 (recent high) → 850
Support: 780 → 740–750 → 700 (mid-BB) → 620 (prior base)
Notes
Extreme RSI + price above upper Bollinger often precedes 10–20%+ corrections in crypto, especially after +40% daily moves.
Volume is elevated, confirming the move, but exhaustion is clear on oscillators.
Higher timeframes (4H/Daily) remain bullish overall, so any short should be treated as a counter-trend scalp, not a trend reversal.
Risk management is critical — use tight position sizing. This is not financial advice; crypto is highly volatile. Always confirm with live price action and manage your own risk.
#zec
#ZECUSDT
Preferred: SHORT (mean-reversion play)
Entry: 820 – 830 (on rejection / bearish candle confirmation near highs or if it retests 833)
Stop Loss: 845 – 850 (above recent high + buffer)
Take Profit 1: 780 – 785 (first support / prior consolidation)
Take Profit 2: 740 – 750 (stronger support / approaching mid-BB area)
Take Profit 3: 700 – 710 (mid Bollinger / deeper correction)
Risk-Reward: Aim for at least 1:2 or better. Move SL to breakeven after TP1.
2. Alternative: LONG (only on pullback – do not chase)
Entry Zone: 740 – 760 (or better, near 700–720 if deeper correction)
Stop Loss: Below 690–700 (under mid-BB / key support)
Take Profit 1: 820 – 830 (retest of current highs)
Take Profit 2: 880 – 900+ (extension if momentum resumes)
Key Levels to Watch
Resistance: 833 (recent high) → 850
Support: 780 → 740–750 → 700 (mid-BB) → 620 (prior base)
Notes
Extreme RSI + price above upper Bollinger often precedes 10–20%+ corrections in crypto, especially after +40% daily moves.
Volume is elevated, confirming the move, but exhaustion is clear on oscillators.
Higher timeframes (4H/Daily) remain bullish overall, so any short should be treated as a counter-trend scalp, not a trend reversal.
Risk management is critical — use tight position sizing. This is not financial advice; crypto is highly volatile. Always confirm with live price action and manage your own risk.
#zec
#ZECUSDT