Guys, I'm opening a BIG LONG on $ZEC here.
TP: $1,200
SL: $1,118 đ
$ZEC is reacting well from the lower support area, and buyers are starting to step back in after that pullback. What makes this setup more interesting is the massive short-side liquidity sitting around $1,200 â a lot of short sellers are positioned up there, and if buyers keep control from this zone, that liquidity can become the next magnet for price.
I also like how $ZEC defended the $1,125â$1,135 area instead of completely breaking down. If this support keeps holding, I think price can push through $1,180 first and then go after that bigger liquidity pocket around $1,200. This is the kind of setup where once the squeeze starts, the move can get fast. Support is reacting, buyers are coming back, and the real liquidity is still sitting above us.
TP: $1,200
SL: $1,118 đ
$ZEC is reacting well from the lower support area, and buyers are starting to step back in after that pullback. What makes this setup more interesting is the massive short-side liquidity sitting around $1,200 â a lot of short sellers are positioned up there, and if buyers keep control from this zone, that liquidity can become the next magnet for price.
I also like how $ZEC defended the $1,125â$1,135 area instead of completely breaking down. If this support keeps holding, I think price can push through $1,180 first and then go after that bigger liquidity pocket around $1,200. This is the kind of setup where once the squeeze starts, the move can get fast. Support is reacting, buyers are coming back, and the real liquidity is still sitting above us.