The 2.226 short is still developing as planned. The price has already moved to 2.05 and is now trying to bounce around 2.09.
But for me, this bounce doesn’t change anything yet — on the 1H timeframe the structure still looks weak.
My scenario:
📍 Entry: 2.226 🛑 SL: 2.305 🎯 TP: 2.006
Right now, the main question is whether the price can truly return to 2.20+ or if this is just a small bounce before another leg down.
If sellers step in again, the 2.00 area looks like a very realistic next target.
I wouldn’t jump into the short right now just because the price has already dropped a lot — most of the move has already happened. It’s much more interesting to see how the market behaves after this bounce.
What do you think: first $2.00 or a return to $2.20? 👇
After a sharp drop, ZEC is currently trading around $782 and trying to form a local rebound. For now, my 1H structure remains bearish — the price is below the zone where the main impulse from the sellers started.
My current scenario:
🔴 Short zone: ~$801–802 🛑 Invalidation / Stop: above $831–841 🎯 Main target: ~$703 📍 Current price: ~$782
The key moment right now is the price’s reaction to the $788–802 area. If buyers can’t push the price back above this zone and hold there, the downward move may continue.
At the same time, after such a strong drop, a sudden upside squeeze can’t be ruled out either, so risk management and a predefined point to invalidate the scenario are especially important to me here.
I’m not trying to guess every market move — I trade based on structure and specific levels.
What do you think: will ZEC first return to $800+ or will the sellers push the price below $760? 👇