Focus on ZEC's 4-hour chart, as it may be presenting an overlooked signal. Our current analysis points to a potential short opportunity.

$ZEC /USDT - SHORT 📉

Trade Plan:
Entry: 295.966717 – 299.432753
SL: 308.097844
TP1: 287.301626
TP2: 283.835589
TP3: 276.903516

Our short bias is activated. The 15-minute RSI is currently oversold at 36.42, suggesting a possible bounce before the anticipated downward movement begins.

While the 1-day trend remains range-bound, the 4-hour setup specifically targets a drop towards TP1 at 287.30. The entry zone is well-defined, indicating the market is primed for a move.

Potential Discussion: Is this developing into a genuine breakdown, or could it be a temporary fakeout within the established daily range? 🤔

Trade here 👇