ZEC is looking ripe for a short, with a potential break of the current market structure. Price is hovering near a key area of resistance, making this a great spot to get in.
🔴 $ZEC SHORT 📉
Entry → $505.6039-$506.6161
Stop → $521.2933 (-3.0%)
TP1 → $498.5183 (+1.5%)
TP2 → $480.8045 (+5.0%)
R/R 1:1.7 • Confidence 64%
The CHoCH signal just fired, indicating a break of the market structure, and volume is confirming the direction with CVD. We've also got a fair value gap and an order block overlapping, making this a high-probability short. The combination of these signals has me feeling pretty confident about this setup.
With a 3.0% stop loss, this is a relatively tight setup, so I'll be using lower leverage to manage my risk
If we hit TP1, I'm taking partial profits off the table to lock in some gains and then letting the rest ride to see if we can reach TP2
Not financial advice — always manage your own risk 🙏
$ZEC #ZECUSDT #SMC #TradingSignals #Write2Earn
🔴 $ZEC SHORT 📉
Entry → $505.6039-$506.6161
Stop → $521.2933 (-3.0%)
TP1 → $498.5183 (+1.5%)
TP2 → $480.8045 (+5.0%)
R/R 1:1.7 • Confidence 64%
The CHoCH signal just fired, indicating a break of the market structure, and volume is confirming the direction with CVD. We've also got a fair value gap and an order block overlapping, making this a high-probability short. The combination of these signals has me feeling pretty confident about this setup.
With a 3.0% stop loss, this is a relatively tight setup, so I'll be using lower leverage to manage my risk
If we hit TP1, I'm taking partial profits off the table to lock in some gains and then letting the rest ride to see if we can reach TP2
Not financial advice — always manage your own risk 🙏
$ZEC #ZECUSDT #SMC #TradingSignals #Write2Earn