$ZEC - SHORT structure in focus (x25)
Quick lesson from $ZEC on reading buyers and sellers
The last one stopped out. If this one works it covers that, and if it does not I stop again.
Entry: 1160.76 - 1162.83
SL: 1176.28 (-1.2%)
TP: 1147 - 1134 - 1122 (+1.3-3.5%)
This is an active setup, and the order split is nearly even at 52.2% buys, so neither side is chasing. That balance fits a calm tape, where an average 30-minute candle covers about 0.9% from high to low. Price sits roughly 0.2% below the entry zone at 1160.76, with the stop 1.2% from entry and the first target 1.3% away.
⚠️ Personal market insight, not investment advice. DYOR.
Quick lesson from $ZEC on reading buyers and sellers
The last one stopped out. If this one works it covers that, and if it does not I stop again.
Entry: 1160.76 - 1162.83
SL: 1176.28 (-1.2%)
TP: 1147 - 1134 - 1122 (+1.3-3.5%)
This is an active setup, and the order split is nearly even at 52.2% buys, so neither side is chasing. That balance fits a calm tape, where an average 30-minute candle covers about 0.9% from high to low. Price sits roughly 0.2% below the entry zone at 1160.76, with the stop 1.2% from entry and the first target 1.3% away.
⚠️ Personal market insight, not investment advice. DYOR.