$ZEC Iโm not chasing this rebound. ๐๐ด
The 4H chart is still in a downtrend after CHoCH. Price bounced from the $1,110 area, but it remains below EMA20, EMA50, and EMA200.
For me, this rebound could be a chance to enter SHORT near resistance instead of selling at the bottom.
๐ฏ TP1: $1,180 ๐ฏ TP2: $1,140 ๐ฏ TP3: $1,077
๐ SL: $1,300
Iโll split my position across the three entry zones and take partial profits at each support level.
โ ๏ธ Price is rebounding strongly, so I wouldnโt rush into a full position at Entry 1. Let price come to the zones.
If a 4H candle closes above $1,300, my SHORT setup is invalidated.
Simple plan: respect resistance, manage risk, and donโt FOMO. ๐๐ฅ
#ZEC #Crypto #Trading #ShortSetup
The 4H chart is still in a downtrend after CHoCH. Price bounced from the $1,110 area, but it remains below EMA20, EMA50, and EMA200.
For me, this rebound could be a chance to enter SHORT near resistance instead of selling at the bottom.
๐ฏ TP1: $1,180 ๐ฏ TP2: $1,140 ๐ฏ TP3: $1,077
๐ SL: $1,300
Iโll split my position across the three entry zones and take partial profits at each support level.
โ ๏ธ Price is rebounding strongly, so I wouldnโt rush into a full position at Entry 1. Let price come to the zones.
If a 4H candle closes above $1,300, my SHORT setup is invalidated.
Simple plan: respect resistance, manage risk, and donโt FOMO. ๐๐ฅ
#ZEC #Crypto #Trading #ShortSetup