$ZEC SHORT FAVORED
Critical divergence to note is rising Open Interest (OI) at the bottom while the price is trading at local lows 1135. This suggests aggressive shorting is occurring, which leaves the market vulnerable to a short squeeze if the price reclaims resistance levels.
However, until a clear market structure break occurs, the path of least resistance remains downward.
$ZEC SHORT SETUP
· Entry Short: 1155 - 1165 (Wait for bounce into previous breakdown zone)
· Stop Loss: above 1180
· TP1: 1135 (Recent low)
· TP2: 1120
· TP3: 1100
Support me just Trade here👇$ZEC
Critical divergence to note is rising Open Interest (OI) at the bottom while the price is trading at local lows 1135. This suggests aggressive shorting is occurring, which leaves the market vulnerable to a short squeeze if the price reclaims resistance levels.
However, until a clear market structure break occurs, the path of least resistance remains downward.
$ZEC SHORT SETUP
· Entry Short: 1155 - 1165 (Wait for bounce into previous breakdown zone)
· Stop Loss: above 1180
· TP1: 1135 (Recent low)
· TP2: 1120
· TP3: 1100
Support me just Trade here👇$ZEC
