ZEC is sliding while the stack stays bearish.

🔴 SHORT $ZEC /USDT: expecting price to go DOWN
Bias: SHORT · Strong

Entry: 1141.26 – 1147.98
TP1: 1079.96 (-5.6%)
TP2: 1036.86 (-9.4%)
TP3: 972.20 (-15.1%)
SL: 1230.83 (+7.5%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.

Why SHORT? 7/12 signals agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 68.9)
Risk: Price is washed out, bounces are common from here (1h RSI 20.6, oversold)

In plain words:
The 1h price is well below its moving averages and the 15m RSI is deep in oversold territory at 10.59. The 4h trend is down with the coin underperforming BTC by 7.79% over the last day. This short is waiting for a continuation lower from current levels.

Where do you take profit on this setup?

Levels mapped on the chart below.

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⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.