$ZEC is trading around $1,106.68, down 3.57%, with $71.36M in displayed volume. Sellers are putting pressure on price, and I’m not looking to catch a falling knife. I want to see whether $1,100 holds or price confirms another move lower before choosing a direction.
Entry: $1,105–$1,115 Confirmation: Reclaim $1,125 with rising volume SL: $1,085 TP1: $1,130 | TP2: $1,150 | TP3: $1,175 | TP4: $1,205
Invalidation: Below $1,085 for this long setup. No reclaim, no trade.
Entry: $1,105–$1,115 Confirmation: Reclaim $1,125 with rising volume SL: $1,085 TP1: $1,130 | TP2: $1,150 | TP3: $1,175 | TP4: $1,205
Invalidation: Below $1,085 for this long setup. No reclaim, no trade.