$ZEC triggered a sharp breakdown, smashing through the $1,330 support and plunging straight into the $1,280 – $1,290 support zone before showing a mild lower-tail rejection.
The ideal strategy is to wait patiently for a pullback to retest the newly broken resistance level to secure an optimal risk-to-reward entry.
– Entry Zone: $1,340 – $1,355
– Stop Loss: $1,385
– Targets: $1,285 | $1,220
⚠️ If price fails to bounce and instead directly breaks below $1,280 with high volume, abort this setup.
The ideal strategy is to wait patiently for a pullback to retest the newly broken resistance level to secure an optimal risk-to-reward entry.
– Entry Zone: $1,340 – $1,355
– Stop Loss: $1,385
– Targets: $1,285 | $1,220
⚠️ If price fails to bounce and instead directly breaks below $1,280 with high volume, abort this setup.