$ZEC recorded a $17.116K long liquidation at $1,141.06, indicating that leveraged buyers were forced out near this level. This suggests possible bearish pressure, although a liquidation sweep can also precede a recovery if buyers reclaim support. From an SMC/ICT perspective, watch for a bearish BOS or a failed reclaim before considering a short. Volume confirmation and the broader market structure are needed to distinguish continuation from a liquidity grab.
📉 Trade Plan
Bias: SHORT after confirmation
Entry: $1,135–$1,145
TP1: $1,115
TP2: $1,095
TP3: $1,070
SL: $1,160
Risk-to-Reward: Approximately 1:1 to 1:3
Trade Grade: B — provisional
Trade Thesis: A sustained move below the liquidation zone, followed by a failed retest, would favor sellers. Avoid entering if price quickly reclaims the zone with strong buying momentum.
Risk Management: Wait for confirmation, size positions conservatively, and never chase a breakdown.$ZEC
📉 Trade Plan
Bias: SHORT after confirmation
Entry: $1,135–$1,145
TP1: $1,115
TP2: $1,095
TP3: $1,070
SL: $1,160
Risk-to-Reward: Approximately 1:1 to 1:3
Trade Grade: B — provisional
Trade Thesis: A sustained move below the liquidation zone, followed by a failed retest, would favor sellers. Avoid entering if price quickly reclaims the zone with strong buying momentum.
Risk Management: Wait for confirmation, size positions conservatively, and never chase a breakdown.$ZEC