$ZEC - leaning SHORT (x15)
Everyone sees a flat BTC tape and a dead market. $ZEC is the one making a move.
Worth admitting the flat BTC backdrop almost got this one dismissed. $ZEC is already sitting in the zone that decides the short. Negative funding at 0.0006% means the short side pays to stay, and a stop 1.8% from entry gives little slack. 1185.07 is what settles it.
Anyone watching 1185.07 as the line that decides this, or a different level?
TRADE PLAN
Entry zone: 1185.07 - 1189.09 (ref 1187.682)
TP1: 1165 (+1.91%)
TP2: 1147 (+3.43%)
TP3: 1130 (+4.86%)
Stop loss: 1208.83 (-1.78%)
⚠️ Personal market insight, not investment advice. DYOR.
Everyone sees a flat BTC tape and a dead market. $ZEC is the one making a move.
Worth admitting the flat BTC backdrop almost got this one dismissed. $ZEC is already sitting in the zone that decides the short. Negative funding at 0.0006% means the short side pays to stay, and a stop 1.8% from entry gives little slack. 1185.07 is what settles it.
Anyone watching 1185.07 as the line that decides this, or a different level?
TRADE PLAN
Entry zone: 1185.07 - 1189.09 (ref 1187.682)
TP1: 1165 (+1.91%)
TP2: 1147 (+3.43%)
TP3: 1130 (+4.86%)
Stop loss: 1208.83 (-1.78%)
⚠️ Personal market insight, not investment advice. DYOR.