$ZEC Short (Downtrend Continuation)
Market structure remains strongly bearish. The 4-hour chart shows a clear sequence of lower highs and lower lows. The current rally is losing momentum and is merely a pullback within the broader downtrend.
🔴 Short Scenario (Preferred)
· $ZEC short entry: 1250–1280 (wait for a retest of this resistance zone)
· Stop-loss: Above 1330
· Take-profit:
· TP1: 1180 (immediate support)
· TP2: 1113 (recent crash low)
· TP3: 1050 (macro extension target)
🟢 $ZEC Long Scenario (Countertrend): Only if the price pulls back and holds the 1150–1180 support zone
Support me by trading here 👇 #zec #zcash
Market structure remains strongly bearish. The 4-hour chart shows a clear sequence of lower highs and lower lows. The current rally is losing momentum and is merely a pullback within the broader downtrend.
🔴 Short Scenario (Preferred)
· $ZEC short entry: 1250–1280 (wait for a retest of this resistance zone)
· Stop-loss: Above 1330
· Take-profit:
· TP1: 1180 (immediate support)
· TP2: 1113 (recent crash low)
· TP3: 1050 (macro extension target)
🟢 $ZEC Long Scenario (Countertrend): Only if the price pulls back and holds the 1150–1180 support zone
Support me by trading here 👇 #zec #zcash