Liquidity Sweep at Supply Zone on $ZEC
$ZEC spiked to clear the buy-side liquidity above recent swing highs but faced heavy selling pressure, resulting in a strong rejection candle. Price structure is shifting bearish on lower timeframes as buyers fail to sustain higher levels, indicating a potential pullback toward underlying demand.
Trade Type: SHORT
Entry Range: 1574 - 1610 (Current Market Price)
Leverage: Cross 5x - 10x
Take-Profit Targets:
Target 1: 1515
Target 2: 1460
Target 3: 1390+
Stop Loss: 1685
Always use tight risk parameters and manage your leverage responsibly!
$ZEC spiked to clear the buy-side liquidity above recent swing highs but faced heavy selling pressure, resulting in a strong rejection candle. Price structure is shifting bearish on lower timeframes as buyers fail to sustain higher levels, indicating a potential pullback toward underlying demand.
Trade Type: SHORT
Entry Range: 1574 - 1610 (Current Market Price)
Leverage: Cross 5x - 10x
Take-Profit Targets:
Target 1: 1515
Target 2: 1460
Target 3: 1390+
Stop Loss: 1685
Always use tight risk parameters and manage your leverage responsibly!
