$ZEC REJECTED AT 552 – SHORT SETUP WITH CLEAR TARGETS 💎
Entry: 551.00 – 552.20 🔥
Target: 545.00, 540.00, 534.20 🚀
Stop Loss: 557.70 ⚠️
The 1H chart shows price trading below a defined resistance zone between 552 and 558, with sellers consistently stepping in. Volume is declining on each bounce attempt – a classic sign of weakening buyer interest. Unless we see a reclaim above 558, the path of least resistance remains lower.
Multiple profit targets provide a structured exit plan. Do you scale out or go for the full extension here?
Not financial advice. Always manage your risk.
#ZEC #ShortSetup #Resistance #Zcash #Trading
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Entry: 551.00 – 552.20 🔥
Target: 545.00, 540.00, 534.20 🚀
Stop Loss: 557.70 ⚠️
The 1H chart shows price trading below a defined resistance zone between 552 and 558, with sellers consistently stepping in. Volume is declining on each bounce attempt – a classic sign of weakening buyer interest. Unless we see a reclaim above 558, the path of least resistance remains lower.
Multiple profit targets provide a structured exit plan. Do you scale out or go for the full extension here?
Not financial advice. Always manage your risk.
#ZEC #ShortSetup #Resistance #Zcash #Trading
⚡