$ZEC: The $900 Level Could Decide the Next Major Move
While some traders were targeting $2,000–$5,000, my earlier bearish scenario focused on a potential reversal near $1,600.
Now I'm watching whether selling pressure continues.
ZEC SHORT setup
Stop Loss: $1,180
TP1: $1,100
TP2: $1,000
TP3: $900
$900 is the critical level. If buyers defend it, a meaningful rebound could develop. If it breaks decisively, $600 becomes the next potential downside scenario.
Pero hay algo importante: una tendencia bajista no significa que debamos vender a cualquier precio. La entrada necesita confirmación y una relación riesgo-beneficio favorable.
A sustained recovery above $1,180 would invalidate this short setup.
I'm watching for a failed rebound or confirmed breakdown before considering another position.
The market doesn't reward predictions. It rewards disciplined execution.
$ZEC
#Zcash #cryptotrading
While some traders were targeting $2,000–$5,000, my earlier bearish scenario focused on a potential reversal near $1,600.
Now I'm watching whether selling pressure continues.
ZEC SHORT setup
Stop Loss: $1,180
TP1: $1,100
TP2: $1,000
TP3: $900
$900 is the critical level. If buyers defend it, a meaningful rebound could develop. If it breaks decisively, $600 becomes the next potential downside scenario.
Pero hay algo importante: una tendencia bajista no significa que debamos vender a cualquier precio. La entrada necesita confirmación y una relación riesgo-beneficio favorable.
A sustained recovery above $1,180 would invalidate this short setup.
I'm watching for a failed rebound or confirmed breakdown before considering another position.
The market doesn't reward predictions. It rewards disciplined execution.
$ZEC
#Zcash #cryptotrading
