⚠️ SIGNAL: $ZEC encountered resistance. Preparing to short the pullback 📉
Anonymous coin $ZEC is overbought after a local surge into a cluster of levels.
On the 4-hour chart, the $ZEC /USDT contract stalled near a strong psychological resistance zone, forming a bearish divergence.
Buyers are exhausted, and profit-taking and a technical pullback are expected.
📊 Trading setup (Short):
• Direction: SELL (Short)
• Entry zone: $1330 – $1360
• Targets (Take-Profit):
• 🎯 TP1: $1280 (nearby liquidity)
• 🎯 TP2: $1210 (mirror support level)
• 🎯 TP3: $1140 (main correction target)
• Stop-Loss: $1395 (4H candle close above the high)
⚠️ Risks: Use moderate leverage of up to 3x–5x and risk no more than 1% of your deposit.
👇 Click the $ZEC widget below to open the Binance futures chart and place a trade!
Will Zcash fall to $1100 or keep flying higher? Share your thoughts in the comments! 💬
Not financial advice.
Futures carry high risks.
Anonymous coin $ZEC is overbought after a local surge into a cluster of levels.
On the 4-hour chart, the $ZEC /USDT contract stalled near a strong psychological resistance zone, forming a bearish divergence.
Buyers are exhausted, and profit-taking and a technical pullback are expected.
📊 Trading setup (Short):
• Direction: SELL (Short)
• Entry zone: $1330 – $1360
• Targets (Take-Profit):
• 🎯 TP1: $1280 (nearby liquidity)
• 🎯 TP2: $1210 (mirror support level)
• 🎯 TP3: $1140 (main correction target)
• Stop-Loss: $1395 (4H candle close above the high)
⚠️ Risks: Use moderate leverage of up to 3x–5x and risk no more than 1% of your deposit.
👇 Click the $ZEC widget below to open the Binance futures chart and place a trade!
Will Zcash fall to $1100 or keep flying higher? Share your thoughts in the comments! 💬
Not financial advice.
Futures carry high risks.