$ZEC is now leaning bearish; the long take-profit has been hit ✅
ZEC recently reached 1388, perfectly aligning with historical resistance levels (previous highs of 1368 and 1398).
On the 15-minute chart, the price faced a sharp rejection at 1388, leaving a long upper wick. This indicates heavy selling pressure and profit-taking at this key level.
Following the rejection at major resistance, the current bias favors a short-term pullback.
$ZEC Short Strategy
· Short entry: 1360 to 1390
· Stop-loss: Above 1440
· Take-profit 1: 1300
· Take-profit 2: 1250 (previous consolidation zone)
· Take-profit 3: 1210 (recent low)
Support me by trading here 👇$ZEC
ZEC recently reached 1388, perfectly aligning with historical resistance levels (previous highs of 1368 and 1398).
On the 15-minute chart, the price faced a sharp rejection at 1388, leaving a long upper wick. This indicates heavy selling pressure and profit-taking at this key level.
Following the rejection at major resistance, the current bias favors a short-term pullback.
$ZEC Short Strategy
· Short entry: 1360 to 1390
· Stop-loss: Above 1440
· Take-profit 1: 1300
· Take-profit 2: 1250 (previous consolidation zone)
· Take-profit 3: 1210 (recent low)
Support me by trading here 👇$ZEC
