880.50: where today's $ZEC wick stopped, 37% under the Nov 6 high (1,388). It bounced 7-8%. Since early Nov 11, no 4H close above 1,003.
Trend: Bearish (4H below all EMAs)
🎯 Entry short: 995 – 1,010 (only after a red 1H close in the zone; valid until Nov 14, 12:00 UTC)
✅ TP1: 935 (above the Nov 12 low, 931)
✅ TP2: 900 (~1.8R)
✅ TP3: 880 (today's low; 1D EMA200 873)
🛑 SL: 1,060
📊 Logic:
• 1,008 capped 1H 5 times, 4H EMA20 ~1,020 above. 964 (1H, 6 touches) must break first.
• OI -6% in 24h, funding 0.01%: longs leaving, shorts not crowded.
• Macro: $BTC dipped under 68K, $1.4B+ liquidated, Fear & Greed 20. PPI lands 13:30 UTC.
• ZEC grants-treasury vote (50,000 ZEC) Nov 16-30: event risk, not a trigger.
• Risk: 4H RSI 22, no shorting the low. 4H ATR 4.7%, size small.
⚠️ Invalidation: a 4H close above 1,045 (1D resistance). If 900 prints before a fill, skip.
$ZEC pops to 1,000: TRAP or TURN? Drop one word 👇
#ZEC #Zcash #PPI
Disclaimer: Not financial advice. DYOR.
Trend: Bearish (4H below all EMAs)
🎯 Entry short: 995 – 1,010 (only after a red 1H close in the zone; valid until Nov 14, 12:00 UTC)
✅ TP1: 935 (above the Nov 12 low, 931)
✅ TP2: 900 (~1.8R)
✅ TP3: 880 (today's low; 1D EMA200 873)
🛑 SL: 1,060
📊 Logic:
• 1,008 capped 1H 5 times, 4H EMA20 ~1,020 above. 964 (1H, 6 touches) must break first.
• OI -6% in 24h, funding 0.01%: longs leaving, shorts not crowded.
• Macro: $BTC dipped under 68K, $1.4B+ liquidated, Fear & Greed 20. PPI lands 13:30 UTC.
• ZEC grants-treasury vote (50,000 ZEC) Nov 16-30: event risk, not a trigger.
• Risk: 4H RSI 22, no shorting the low. 4H ATR 4.7%, size small.
⚠️ Invalidation: a 4H close above 1,045 (1D resistance). If 900 prints before a fill, skip.
$ZEC pops to 1,000: TRAP or TURN? Drop one word 👇
#ZEC #Zcash #PPI
Disclaimer: Not financial advice. DYOR.
