ZEC rebounded to its peak and then dispersed; the rally-then-fall around 1679 was the last “red packet” put out by the dog-like schemer. In the 1-hour chart, 6 candles printed, and shorts ate 5—while the active buy-side looked like it might be over half, it was actually distribution. Even the acceleration signals got slapped in the face, and it’s still pretending to be strong. Short directly: enter at 1515. First target 1445. If it breaks, look at 1380. Stop loss: 1605. If price goes above that, then just admit defeat. Only those who stay alive can see it drop back to 1100—don’t wait until the hanging-head stop-out happens and then regret it.
