🔻 ZECUSDT — Bearish Move Loading?
ZEC couldn’t maintain its momentum near the 1360–1370 zone and has now pulled back sharply. With sellers stepping in aggressively, the current price action suggests that another downside move could develop if the recovery remains weak.
Entry: 1317.21
Target: 1288.78
Stop Loss: 1332.75
I’m watching the 1317 area closely. A rejection from here could open the way toward 1288.78, while a strong move above 1332.75 would change the setup completely.
My Take: The short side looks more interesting to me at the moment, but I’d rather wait for a clean rejection than rush into the trade.
If you’re taking this trade, manage your risk and don’t over-leverage.
$ZEC
$NMR
$ORCA
ZEC couldn’t maintain its momentum near the 1360–1370 zone and has now pulled back sharply. With sellers stepping in aggressively, the current price action suggests that another downside move could develop if the recovery remains weak.
Entry: 1317.21
Target: 1288.78
Stop Loss: 1332.75
I’m watching the 1317 area closely. A rejection from here could open the way toward 1288.78, while a strong move above 1332.75 would change the setup completely.
My Take: The short side looks more interesting to me at the moment, but I’d rather wait for a clean rejection than rush into the trade.
If you’re taking this trade, manage your risk and don’t over-leverage.
$ZEC
$NMR
$ORCA