$ZEC USDT Rejection Zone or Recovery?
$ZEC is trading around $1,220.20, down 0.51%. Price is below the $1,253 resistance, while $1,195.95 is the key nearby support from the supplied data. I’d wait for sellers to confirm weakness before entering a short.
Short setup — conditional
Entry: $1,235–$1,253 after rejection
Stop-loss: $1,270
TP1: $1,195
TP2: $1,151
TP3: $1,112
Timeframe: 15m for entry confirmation; 1h for structure.
Invalidation: A strong 15m close above $1,253 followed by a successful retest weakens the short idea. If support breaks first, watch for a retest before entering. Risk-manage carefully; these are planned levels, not guaranteed targets.
#zec
$ZEC is trading around $1,220.20, down 0.51%. Price is below the $1,253 resistance, while $1,195.95 is the key nearby support from the supplied data. I’d wait for sellers to confirm weakness before entering a short.
Short setup — conditional
Entry: $1,235–$1,253 after rejection
Stop-loss: $1,270
TP1: $1,195
TP2: $1,151
TP3: $1,112
Timeframe: 15m for entry confirmation; 1h for structure.
Invalidation: A strong 15m close above $1,253 followed by a successful retest weakens the short idea. If support breaks first, watch for a retest before entering. Risk-manage carefully; these are planned levels, not guaranteed targets.
#zec