The smart money is setting a trap for the bears while quietly loading up on this dip. Most traders are panicking at the red candles, but the big players are watching this key support level like hawks.
$ZEC – LONG 🚀
Trade Plan
Entry: 352.00 – 359.00
SL: 338.00 (Below the local swing low)
TP1: 369.00 (SuperTrend resistance)
TP2: 386.00
TP3: 410.00+
Why this setup?
Market Structure: We’ve just formed a solid double bottom at 345.00. The current bounce shows aggressive absorption by buyers defending the macro uptrend.
RSI Momentum: The RSI(6) has reset from overbought levels and is now curling up at 60.36, signaling that the local correction is exhausted and fresh buyers are stepping in.
Liquidity Gap: There is a major liquidity void up to the 370.00 level. Once we flip the red SuperTrend at 369.00, expect a violent short squeeze toward the recent highs.
Is this just a relief bounce, or are we heading straight back to $400? 🧐
Watching this closely 👇
$ENJ $BIO #zec #cryptotrading #TradingSignals