The ETH strategy I shared earlier has now successfully reached its profit targets. At this pivotal moment, I choose to follow the trend and focus on levels rather than emotions. $ZEC On the 4-hour chart, rebound volume has been fading step by step, while clear bands of selling pressure have built up overhead. In this structure, chasing longs offers poor risk-reward. Each attempt to move higher has come with shrinking volume, showing that buyers are losing conviction, and price has yet to break decisively above key resistance.
I’m more inclined to view the rebound as an opportunity to position for a short, with the previous low support area as the initial target. A break below that level would open up more downside. A rebound isn’t a reversal; until the structure changes, shorting means trading in the direction of resistance.
🔴 Trade direction: Short
📍 Entry range: 1144.9 – 1194.9
🛑 Stop loss: 1254.8
🎯 Take profit 1: 1099.9
🎯 Take profit 2: 1039.9
Take in the vastness of mountains and seas; observe the market’s finer details.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#ZEC
Click below to trade 👇
I’m more inclined to view the rebound as an opportunity to position for a short, with the previous low support area as the initial target. A break below that level would open up more downside. A rebound isn’t a reversal; until the structure changes, shorting means trading in the direction of resistance.
🔴 Trade direction: Short
📍 Entry range: 1144.9 – 1194.9
🛑 Stop loss: 1254.8
🎯 Take profit 1: 1099.9
🎯 Take profit 2: 1039.9
Take in the vastness of mountains and seas; observe the market’s finer details.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#ZEC
Click below to trade 👇