$ZEC | 🔴 SHORT — Price below EMA50, sellers remain in control
ZEC is trading around 1152 on the 4H timeframe, below the EMA50 at 1223. The current structure still favors sellers, with 1124 → 1105 → 1077 as downside targets to watch.
📍 SHORT Plan
* Entry: 1148 – 1156
* TP1: 1124
* TP2: 1105
* TP3: 1077
* SL: 1199
📉 Key levels to note: The risk to the SL is about 4.1%, while the potential gain to TP3 is about 6.5%, equivalent to a Risk/Reward ratio of nearly 1.6R if price reaches the target. If price moves above 1199, the SHORT setup is no longer valid.
NFA · DYOR. This content is for informational purposes only and is not investment advice.
Tap below to trade with SHIN👇
ZEC is trading around 1152 on the 4H timeframe, below the EMA50 at 1223. The current structure still favors sellers, with 1124 → 1105 → 1077 as downside targets to watch.
📍 SHORT Plan
* Entry: 1148 – 1156
* TP1: 1124
* TP2: 1105
* TP3: 1077
* SL: 1199
📉 Key levels to note: The risk to the SL is about 4.1%, while the potential gain to TP3 is about 6.5%, equivalent to a Risk/Reward ratio of nearly 1.6R if price reaches the target. If price moves above 1199, the SHORT setup is no longer valid.
NFA · DYOR. This content is for informational purposes only and is not investment advice.
Tap below to trade with SHIN👇