🚨 $ZEC is bouncing, but sellers still have the edge after the failed push to $1,366.72 and the H1 break below $1,301.
The analyzed H1 candle closed at $1,318.32, and this recovery hasn’t repaired the bearish structure.
🔴 BEARISH BIAS — NO ENTRY YET: I’m waiting for a bounce into $1,335–$1,348 and a confirmed H1 rejection, with SL at $1,370, TP1 at $1,301 and TP2 at $1,277.16.
That offers around 2.26:1 R to TP2 from the entry midpoint; an H1 close above $1,366.72 invalidates the thesis—would you wait for the retest or skip the trade? 👀
$ZEC #Wyckoff #SMC — Paper analysis only, not financial advice.
The analyzed H1 candle closed at $1,318.32, and this recovery hasn’t repaired the bearish structure.
🔴 BEARISH BIAS — NO ENTRY YET: I’m waiting for a bounce into $1,335–$1,348 and a confirmed H1 rejection, with SL at $1,370, TP1 at $1,301 and TP2 at $1,277.16.
That offers around 2.26:1 R to TP2 from the entry midpoint; an H1 close above $1,366.72 invalidates the thesis—would you wait for the retest or skip the trade? 👀
$ZEC #Wyckoff #SMC — Paper analysis only, not financial advice.
