$ZEC dropped 6% to $1,111 even with fresh ETF inflows — that divergence is the red flag most permabulls are pretending not to see.
Four-hour closes under $1,115 would open the door to $1,050 first, then the $1,000 psychological floor.
The $1,242-$1,264 band is the only near-term barrier to flip the bearish bias.
Your short thesis invalidates on a solid four-hour close above $1,264. Until that happens, chasing rips here is catching a falling knife.
Don’t let your dry powder sit idle while you wait for confirmation — Binance Earn’s 7% VIP APR offer closes today.
You’re holding $ZEC right now — add here or cut losses at the first $1,050 test? 1 for add, 2 for cut.
#Write2Earn #BinanceSquare #ZEC Trading #TradingTournament
Four-hour closes under $1,115 would open the door to $1,050 first, then the $1,000 psychological floor.
The $1,242-$1,264 band is the only near-term barrier to flip the bearish bias.
Your short thesis invalidates on a solid four-hour close above $1,264. Until that happens, chasing rips here is catching a falling knife.
Don’t let your dry powder sit idle while you wait for confirmation — Binance Earn’s 7% VIP APR offer closes today.
You’re holding $ZEC right now — add here or cut losses at the first $1,050 test? 1 for add, 2 for cut.
#Write2Earn #BinanceSquare #ZEC Trading #TradingTournament