📉 $ZEC MARKET UPDATE
Zcash is trading at 1,261.00, down 2.16%.
I'm watching ZEC for a possible short trade if the price fails to recover and sellers remain in control.
🔹 Trade Plan: SHORT
Entry: 1,263.52 – 1,267.31
Target 1: 1,248.39
Target 2: 1,235.78
Stop Loss: 1,276.13
📊 Why this setup works:
The current decline provides a bearish bias. If price gets rejected near the entry zone, it may continue toward lower levels.
⚠️ I’ll wait for confirmation and exit the trade if the stop-loss level is reached.
Zcash is trading at 1,261.00, down 2.16%.
I'm watching ZEC for a possible short trade if the price fails to recover and sellers remain in control.
🔹 Trade Plan: SHORT
Entry: 1,263.52 – 1,267.31
Target 1: 1,248.39
Target 2: 1,235.78
Stop Loss: 1,276.13
📊 Why this setup works:
The current decline provides a bearish bias. If price gets rejected near the entry zone, it may continue toward lower levels.
⚠️ I’ll wait for confirmation and exit the trade if the stop-loss level is reached.