๐จ $ZEC
/USDT โ Bearish Momentum! Short Setup to Watch ๐
Zcash (ZEC) is showing strong selling pressure on the 30-minute timeframe after a sharp breakdown.
๐ Trade Setup โ SHORT
๐ด Entry Zone: $1,300โ$1,308
๐ Stop Loss: $1,320
๐ฏ Take Profit Targets:
- TP1: $1,285
- TP2: $1,275
- TP3: $1,265
Technical Analysis:
- Strong bearish candle breakdown.
- Price trading below the Bollinger Bands' middle line ($1,317.50).
- Lower Bollinger Band around $1,285.
- Sellers currently have momentum.
โ ๏ธ Invalidation: A strong 30-minute close above $1,320 would invalidate this short setup.
Don't chase the move. Wait for a pullback and confirmation before entering.
Risk management comes first. Always protect your capital!
#ZECUSDT #Zcash #Write2Earn $BABAB
$ZEC
/USDT โ Bearish Momentum! Short Setup to Watch ๐
Zcash (ZEC) is showing strong selling pressure on the 30-minute timeframe after a sharp breakdown.
๐ Trade Setup โ SHORT
๐ด Entry Zone: $1,300โ$1,308
๐ Stop Loss: $1,320
๐ฏ Take Profit Targets:
- TP1: $1,285
- TP2: $1,275
- TP3: $1,265
Technical Analysis:
- Strong bearish candle breakdown.
- Price trading below the Bollinger Bands' middle line ($1,317.50).
- Lower Bollinger Band around $1,285.
- Sellers currently have momentum.
โ ๏ธ Invalidation: A strong 30-minute close above $1,320 would invalidate this short setup.
Don't chase the move. Wait for a pullback and confirmation before entering.
Risk management comes first. Always protect your capital!
#ZECUSDT #Zcash #Write2Earn $BABAB
$ZEC
