$ZEC is trading below EMA20, EMA50 and EMA200, keeping the 4H structure bearish for now.
Current price: $1,225.23
RSI: 44.73
Resistance: $1,230–$1,250
Key support: $1,200
Potential SHORT setup:
Entry zone: $1,230–$1,250 (confirmation required)
SL: $1,275
TP1: $1,200
TP2: $1,170
TP3: $1,130
Volume is below its 20-candle average, so wait for confirmation rather than chasing a move. A sustained reclaim of resistance could invalidate the bearish setup.
Trade the setup, manage the risk.
#ZEC
Current price: $1,225.23
RSI: 44.73
Resistance: $1,230–$1,250
Key support: $1,200
Potential SHORT setup:
Entry zone: $1,230–$1,250 (confirmation required)
SL: $1,275
TP1: $1,200
TP2: $1,170
TP3: $1,130
Volume is below its 20-candle average, so wait for confirmation rather than chasing a move. A sustained reclaim of resistance could invalidate the bearish setup.
Trade the setup, manage the risk.
#ZEC