$ZEC just got slammed after a failed rally at 476.7, forming a lower high and triggering a sharp sell-off. Price is trapped below EMA7/25/99 on 1H, showing weak structure and total control by sellers. Key support 420 is under attack!
Momentum is clearly bearish, with $ZEC struggling under 440 resistance and EMAs. All signs point to further downside, so traders, buckle up โ the bears are running the show! ๐ป๐ฅ #TrumpTariffs #WriteToEarnUpgrade #USJobsData #WriteToEarnUpgrade #BTCVSGOLD
๐จ $HEMI : Hitting Support - Long setup to catch the bottom ๐
Plan trade: Long ๐ข Entry Zone: 0.0139 - 0.0145 Take Profit: ๐ฏ TP1: 0.0150 ๐ฏ TP2: 0.0153 ๐ฏ TP3: 0.0158 Stop Loss: 0.0135
๐ฅ Technical Analysis: On the H4 and H1 timeframes, $HEMI has corrected deeply to the critical support zone of 0.0139 - 0.0140, which previously acted as a launchpad. RSI has entered oversold territory and is showing bullish divergence signals, indicating selling exhaustion. Decreasing volume during the decline suggests bearish momentum is fading. The current price structure supports a rebound rally to retest the 0.015x resistance. โ ๏ธ Stop Loss Rationale: The 0.0135 level sits just below the nearest hard support. Breaking this level would invalidate the recovery scenario and could lead to lower lows. {future}(HEMIUSDT)