🔥 $ZEC loses momentum after rejection at $1.480: Is a retest of the lows at $1.445 approaching?
Zcash (ZEC) maintains a clear bearish structure in the short timeframe (15m), retreating -7.66% over the last 24 hours after marking highs at $1.599. The recent bounce attempt stalled around $1.480, leaving the price exposed to continue its liquidation toward the main support at $1.445.
— Short Position:
✅Entry 1.467 - 1.475
🎯 TP 1: 1.450
🎯 TP 2: 1.445
🛑 SL: 1.488
⚠️ Risk Management: Set your leverage to a maximum recommended of 3x - 5x and trade with a margin no higher than 2%-3% of your capital per trade.
💬 Do you think $ZEC will break the $1.445 support, or will we see a surprising bounce? Leave your opinion in the comments!
👇 Execute this trade and trade $ZEC in real time here:
Zcash (ZEC) maintains a clear bearish structure in the short timeframe (15m), retreating -7.66% over the last 24 hours after marking highs at $1.599. The recent bounce attempt stalled around $1.480, leaving the price exposed to continue its liquidation toward the main support at $1.445.
— Short Position:
✅Entry 1.467 - 1.475
🎯 TP 1: 1.450
🎯 TP 2: 1.445
🛑 SL: 1.488
⚠️ Risk Management: Set your leverage to a maximum recommended of 3x - 5x and trade with a margin no higher than 2%-3% of your capital per trade.
💬 Do you think $ZEC will break the $1.445 support, or will we see a surprising bounce? Leave your opinion in the comments!
👇 Execute this trade and trade $ZEC in real time here:
