#zec $ZEC • Position in the middle of the chart at 1693.24 — Bearish reversal candle (Shooting Star) — Short-term peak, buyers weakening —
This is a typical example of a downtrend after forming a peak: a reversal candle at the peak accompanied by a strong increase in volume often signals a reversal.
- short-term trend: if it keeps going up, take a light short for a few rounds, TP around 100 price