$ZEC This downtrend still has room, but the bounce into resistance is where the trade gets interesting.
🔴 SHORT SETUP $ZEC
Entry: $812-$820
Trigger: 15M rejection from the zone + close below $812
SL: $834
TP1: $795 | TP2: $780 | TP3: $765
$ZEC remains below EMA7, EMA25, EMA99 and Supertrend, with selling volume expanding on the breakdown.
I would not chase the move near $801.83.
The cleaner setup is a bounce into $812-$820, followed by bearish rejection.
Invalid above $834.
Wait for the rejection, then trade the setup on Binance 👇
🔴 SHORT SETUP $ZEC
Entry: $812-$820
Trigger: 15M rejection from the zone + close below $812
SL: $834
TP1: $795 | TP2: $780 | TP3: $765
$ZEC remains below EMA7, EMA25, EMA99 and Supertrend, with selling volume expanding on the breakdown.
I would not chase the move near $801.83.
The cleaner setup is a bounce into $812-$820, followed by bearish rejection.
Invalid above $834.
Wait for the rejection, then trade the setup on Binance 👇
