Trading Plan Short $ZEC
$ZEC tagged 1343.69 for an upthrust after engineering buy-side liquidity above the range.
Entry: $1325.00-$1348.00
Stoploss: $1415.00
Targets: $1258.00 / $1170.00 / $985.00
ZEC wicked the upper Bollinger Band as smart money distributed into retail breakout orders. The 1H push printed an UTAD structure against 4H macro supply. Premium expanded into the highs, but open interest flattened out on the push, showing classic absorption by large sellers. A minor distribution phase is completing here. Reclaim 1415 cleanly, thesis broken.
Trade $ZEC here đ
$ZEC tagged 1343.69 for an upthrust after engineering buy-side liquidity above the range.
Entry: $1325.00-$1348.00
Stoploss: $1415.00
Targets: $1258.00 / $1170.00 / $985.00
ZEC wicked the upper Bollinger Band as smart money distributed into retail breakout orders. The 1H push printed an UTAD structure against 4H macro supply. Premium expanded into the highs, but open interest flattened out on the push, showing classic absorption by large sellers. A minor distribution phase is completing here. Reclaim 1415 cleanly, thesis broken.
Trade $ZEC here đ
