$ZEC ZEC (Zcash) — Short Analysis 📉
Current zone: around $1,650. ZEC has been extremely strong recently, with a 24-hour range around $1,519–$1,663. �
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🔻 Short setup
Short entry: $1,650–$1,700 only after bearish rejection
Stop-loss: $1,735–$1,770
TP1: $1,600
TP2: $1,550
TP3: $1,500
Aggressive TP: $1,400
⚠️ Important
The daily trend is still strongly bullish. RSI is around 68, while price remains above major moving averages, so shorting directly into strength is dangerous. �
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Best strategy: Wait for a clear rejection around $1,650–$1,700, then enter the short after confirmation. If ZEC breaks and holds above $1,700, avoid the short because the next upside zone could be $1,750–$1,865. �
FXEmpire
Signal: 🔴 Short only on confirmation — High risk
Not financial advice; ZEC is currently very volatile.#BitwiseFilesFinalNEARSpotETFProspectus #DogecoinETFsPostBiggestWeekSinceLaunch #StrategyStriveAdd2305BitcoinThisWeek