🔴 SHORT trade: $ZEC USDT (Bearish)
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• Entry zone: $1,275.00 - $1,280.00
• Stop loss (SL): $1,342.40
• First target (TP1): $1,240.00
• Second target (TP2): $1,218.00
• Third target (TP3): $1,163.90
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Analysis: The price reached a high of $1,367.96[span_5](start_span)[span_5](end_span) and is currently forming a bearish corrective structure on the hourly timeframe, having broken below previous support levels. Selling pressure is expected to continue toward lower levels.
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• Entry zone: $1,275.00 - $1,280.00
• Stop loss (SL): $1,342.40
• First target (TP1): $1,240.00
• Second target (TP2): $1,218.00
• Third target (TP3): $1,163.90
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Analysis: The price reached a high of $1,367.96[span_5](start_span)[span_5](end_span) and is currently forming a bearish corrective structure on the hourly timeframe, having broken below previous support levels. Selling pressure is expected to continue toward lower levels.