💸 $ZEC SHORT
Entry: $1,270 – $1,310
Stop Loss: $1,360 (Just above the recent 24h high / local resistance)
🎯 TP1: $1,200
🎯 TP2: $1,130
🎯 TP3: $1,050
Confidence: ⭐⭐⭐ (3/5) - Counter-trend trade
Why Short Is Better: The 1D chart is showing a loss of bullish momentum after the massive rejection from the $1,698 high. Price is failing to make higher highs, and the recent candles are printing long upper wicks, indicating sellers are stepping in on every bounce. If price loses the current local support, we are looking for a flush down to the MA(99) near the $1,050 level.
Entry: $1,270 – $1,310
Stop Loss: $1,360 (Just above the recent 24h high / local resistance)
🎯 TP1: $1,200
🎯 TP2: $1,130
🎯 TP3: $1,050
Confidence: ⭐⭐⭐ (3/5) - Counter-trend trade
Why Short Is Better: The 1D chart is showing a loss of bullish momentum after the massive rejection from the $1,698 high. Price is failing to make higher highs, and the recent candles are printing long upper wicks, indicating sellers are stepping in on every bounce. If price loses the current local support, we are looking for a flush down to the MA(99) near the $1,050 level.
