๐จ I JUST OPENED A SHORT $ZEC โ FUTURES 10X ๐จ
Guys, I just entered a short-term SHORT position $ZEC around the $815โ$830 zone, with a focus on the $823 area.
Right now, I want to observe how price reacts in this area. If $ZEC continues to be rejected and the sellers maintain pressure, I expect price to move toward the following levels one by one:
โข TP1: $795
โข TP2: $770
โข TP3: $740
โข TP4: $700
๐ SL: $870
The scenario Iโm monitoring:
If price clearly breaks below $795, the downside momentum could extend to $770 and then $740.
In the event that $740 is strongly breached, the next target Iโm watching is $700.
On the other hand, if ZEC reclaims $850, Iโll consider this a sign that the SHORT scenario is weakening and that capital preservation should be prioritized.
โ ๏ธ Iโm using 10x, but that doesnโt mean you have to put in a large amount of capital. Donโt FOMO chase candles, donโt go all-in, and absolutely avoid revenge trading.
SL is to protect your account, TP is to protect profits.
The market still has plenty of opportunities โ most important is that we still have capital to seize them. ๐
Guys, I just entered a short-term SHORT position $ZEC around the $815โ$830 zone, with a focus on the $823 area.
Right now, I want to observe how price reacts in this area. If $ZEC continues to be rejected and the sellers maintain pressure, I expect price to move toward the following levels one by one:
โข TP1: $795
โข TP2: $770
โข TP3: $740
โข TP4: $700
๐ SL: $870
The scenario Iโm monitoring:
If price clearly breaks below $795, the downside momentum could extend to $770 and then $740.
In the event that $740 is strongly breached, the next target Iโm watching is $700.
On the other hand, if ZEC reclaims $850, Iโll consider this a sign that the SHORT scenario is weakening and that capital preservation should be prioritized.
โ ๏ธ Iโm using 10x, but that doesnโt mean you have to put in a large amount of capital. Donโt FOMO chase candles, donโt go all-in, and absolutely avoid revenge trading.
SL is to protect your account, TP is to protect profits.
The market still has plenty of opportunities โ most important is that we still have capital to seize them. ๐
