$ZEC BIG SHORT: Rallied hard into 1,296 and got slammed — sellers are in control now.
An 88%-body red candle rejected the highs and price is fading under the 1,265–1,280 supply zone. RSI is cooling from hot while momentum flips down.
ZEC — SHORT Setup
Entry: 1,258 – 1,268
SL: 1,282
TP1: 1,250.74
TP2: 1,238.94
TP3: 1,229.64
Must use stop loss. Invalid if a 1H candle closes above 1,282.
Shorting this rejection, or waiting to see if ZEC reclaims 1,280 first?
Not financial advice. DYOR.
$ZEC #Altcoins #CryptoTrading
An 88%-body red candle rejected the highs and price is fading under the 1,265–1,280 supply zone. RSI is cooling from hot while momentum flips down.
ZEC — SHORT Setup
Entry: 1,258 – 1,268
SL: 1,282
TP1: 1,250.74
TP2: 1,238.94
TP3: 1,229.64
Must use stop loss. Invalid if a 1H candle closes above 1,282.
Shorting this rejection, or waiting to see if ZEC reclaims 1,280 first?
Not financial advice. DYOR.
$ZEC #Altcoins #CryptoTrading