Are we now entering shorts??
Post
Hani - Signals
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Regarding $ZEC , there is an additional negative target to keep on the radar.
Away from the 260 area, the next relevant level is around 232. This level remains valid as long as the price stays below the 321 area. A clean breakout and acceptance above that area will negate the negative extension.
$ZEC What makes 232 interesting is the convergence of points. It closely aligns with 50% of the bullish monthly candle retracement, which comes around 234, and also overlaps with the next major demand area for bulls that remains after the price lost the demand area 330–301.
That combination gives the level real structural significance rather than just being another random target
Away from the 260 area, the next relevant level is around 232. This level remains valid as long as the price stays below the 321 area. A clean breakout and acceptance above that area will negate the negative extension.
$ZEC What makes 232 interesting is the convergence of points. It closely aligns with 50% of the bullish monthly candle retracement, which comes around 234, and also overlaps with the next major demand area for bulls that remains after the price lost the demand area 330–301.
That combination gives the level real structural significance rather than just being another random target
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