$ZEC soared to 1573 then had a big pullback! For shorts, it’s live or dead—depends on this line!
Brothers, ZEC just dropped from 1573 and is now stuck at a key level. The shorts that were trapped can finally see a glimmer of hope.
From a technical perspective, the Bollinger Bands are narrowing and flattening out—classic box range behavior, grinding back and forth. Price has already touched the lower boundary of the box. If there’s a volume-driven break below 1420, then we’ll have to look lower again. The liquidation heatmap shows that the upside short-squeeze liquidation zone is far away; in the short term, it’s hard to push price enough to liquidate shorts again. But below, around 1385, there’s a large liquidation pool—that’s the next target.
Untrapping plan:
If 1420 can hold firm, shorts can consider locking in positions, using longs to hedge and offset part of the losses.
If price breaks below 1420 on strong volume, then follow the trend and add to the short, taking partial profits around 1385.
Different positions, different play—don’t be stubborn.
Personal view: don’t stubbornly hold on. Market signals are more reliable than your conviction. What entry price did you get your short at? Mig help you look. Follow the rhythm! #XRP上涨8% #苹果谷歌招募稳定币与代币化存款人才 #英伟达IPO前再购15亿美元SBEnergy股份
Brothers, ZEC just dropped from 1573 and is now stuck at a key level. The shorts that were trapped can finally see a glimmer of hope.
From a technical perspective, the Bollinger Bands are narrowing and flattening out—classic box range behavior, grinding back and forth. Price has already touched the lower boundary of the box. If there’s a volume-driven break below 1420, then we’ll have to look lower again. The liquidation heatmap shows that the upside short-squeeze liquidation zone is far away; in the short term, it’s hard to push price enough to liquidate shorts again. But below, around 1385, there’s a large liquidation pool—that’s the next target.
Untrapping plan:
If 1420 can hold firm, shorts can consider locking in positions, using longs to hedge and offset part of the losses.
If price breaks below 1420 on strong volume, then follow the trend and add to the short, taking partial profits around 1385.
Different positions, different play—don’t be stubborn.
Personal view: don’t stubbornly hold on. Market signals are more reliable than your conviction. What entry price did you get your short at? Mig help you look. Follow the rhythm! #XRP上涨8% #苹果谷歌招募稳定币与代币化存款人才 #英伟达IPO前再购15亿美元SBEnergy股份
