📉 ZECUSDT — short after a strong downward impulse
After a sharp drop, ZEC is currently trading around $782 and trying to form a local rebound. For now, my 1H structure remains bearish — the price is below the zone where the main impulse from the sellers started.
My current scenario:
🔴 Short zone: ~$801–802
🛑 Invalidation / Stop: above $831–841
🎯 Main target: ~$703
📍 Current price: ~$782
The key moment right now is the price’s reaction to the $788–802 area. If buyers can’t push the price back above this zone and hold there, the downward move may continue.
At the same time, after such a strong drop, a sudden upside squeeze can’t be ruled out either, so risk management and a predefined point to invalidate the scenario are especially important to me here.
I’m not trying to guess every market move — I trade based on structure and specific levels.
What do you think: will ZEC first return to $800+ or will the sellers push the price below $760? 👇
#ZEC #Zcash #ZECUSDT #Crypto #Trading #TechnicalAnalysis #BinanceSquare
Not financial advice. Sharing my trading setup and market observations.
After a sharp drop, ZEC is currently trading around $782 and trying to form a local rebound. For now, my 1H structure remains bearish — the price is below the zone where the main impulse from the sellers started.
My current scenario:
🔴 Short zone: ~$801–802
🛑 Invalidation / Stop: above $831–841
🎯 Main target: ~$703
📍 Current price: ~$782
The key moment right now is the price’s reaction to the $788–802 area. If buyers can’t push the price back above this zone and hold there, the downward move may continue.
At the same time, after such a strong drop, a sudden upside squeeze can’t be ruled out either, so risk management and a predefined point to invalidate the scenario are especially important to me here.
I’m not trying to guess every market move — I trade based on structure and specific levels.
What do you think: will ZEC first return to $800+ or will the sellers push the price below $760? 👇
#ZEC #Zcash #ZECUSDT #Crypto #Trading #TechnicalAnalysis #BinanceSquare
Not financial advice. Sharing my trading setup and market observations.
