📢 $ZM / $USDT | 🔴 SHORT | ⭐ 78.7%
🎯 Goal: $93.496. Is it still falling?
🎯 Trading Levels:
🟢 Entry: $96.33
🛑 Stop Loss: $98.0304
🏁 TP1: $93.496
🏁 TP2: $92.9292
🏁 TP3: $91.7956
📉 Analysis:
Asset $ZM shows a bearish alignment across all timeframes with an ADX of 54.81, confirming a high-intensity trend. The technical structure is supported by a bearish MACD crossover (an indicator that measures trend strength) and an RSI at 21.65, reflecting oversold conditions which, in this context of absorption of sell pressure, suggest a continuation of the bearish momentum toward the nearest support.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1h
📐 Technical Confidence: 5/5
The thesis is invalidated if the price breaks above the stop-loss level, invalidating the confirmed triple-top formation. Watch the selling volume in the entry zone to ensure there isn’t a sudden reversal at the $94.17 support.
Do you think the current volume is enough to break the main support of $94.17?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #ZM #trading #Futures #Bearish
🎯 Goal: $93.496. Is it still falling?
🎯 Trading Levels:
🟢 Entry: $96.33
🛑 Stop Loss: $98.0304
🏁 TP1: $93.496
🏁 TP2: $92.9292
🏁 TP3: $91.7956
📉 Analysis:
Asset $ZM shows a bearish alignment across all timeframes with an ADX of 54.81, confirming a high-intensity trend. The technical structure is supported by a bearish MACD crossover (an indicator that measures trend strength) and an RSI at 21.65, reflecting oversold conditions which, in this context of absorption of sell pressure, suggest a continuation of the bearish momentum toward the nearest support.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1h
📐 Technical Confidence: 5/5
The thesis is invalidated if the price breaks above the stop-loss level, invalidating the confirmed triple-top formation. Watch the selling volume in the entry zone to ensure there isn’t a sudden reversal at the $94.17 support.
Do you think the current volume is enough to break the main support of $94.17?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #ZM #trading #Futures #Bearish
