$ZEC Short Opportunity
In a steady downtrend, ZEC is currently finding temporary support near 1236.
The decline in open interest (OI) alongside falling prices indicates that long positions are being liquidated, while the lack of aggressive new short sellers suggests a brief relief bounce may occur before the trend continues.
$ZEC Short Strategy
· Short entry: 1260 - 1280 (sell on a retest of resistance)
· Stop-loss (SL): Above 1335
· Take-profit (TP): 1210 - 1230
Support me by taking this trade👇$ZEC
In a steady downtrend, ZEC is currently finding temporary support near 1236.
The decline in open interest (OI) alongside falling prices indicates that long positions are being liquidated, while the lack of aggressive new short sellers suggests a brief relief bounce may occur before the trend continues.
$ZEC Short Strategy
· Short entry: 1260 - 1280 (sell on a retest of resistance)
· Stop-loss (SL): Above 1335
· Take-profit (TP): 1210 - 1230
Support me by taking this trade👇$ZEC
