$ZEC REJECTS AT RESISTANCE â DISTRIBUTION PHASE CONFIRMED đŽ
Entry: 396-405 đ„
Target: 382 đ
Stop Loss: 415 â ïž
This is textbook distribution after a strong move up. The bearish engulfing on the 4H combined with fading momentum tells me the aggressive buyers are gone. Lower highs are forming while volume diverges negatively â that's the kind of behavior that traps the late bulls.
Tight risk above 415 keeps this clean. First target sits at the old value area around 382, and the R:R is solid even if you only aim for that. Are you shorting this level or waiting for one more pump?
Not financial advice. Always manage your risk.
#ZEC #ShortSetup #Distribution #Crypto
âĄ
Entry: 396-405 đ„
Target: 382 đ
Stop Loss: 415 â ïž
This is textbook distribution after a strong move up. The bearish engulfing on the 4H combined with fading momentum tells me the aggressive buyers are gone. Lower highs are forming while volume diverges negatively â that's the kind of behavior that traps the late bulls.
Tight risk above 415 keeps this clean. First target sits at the old value area around 382, and the R:R is solid even if you only aim for that. Are you shorting this level or waiting for one more pump?
Not financial advice. Always manage your risk.
#ZEC #ShortSetup #Distribution #Crypto
âĄ