ZEC H1 – Dropping sharply to $1,136, SHORT still in control
SHORT
Entry: $1,136
SL: $1,175
TP1: $1,126
TP2: $1,100
TP3: $1,075
Current price (Binance realtime): $1,136, -9.61% vs the close 24 candles ago ($1,257).
Past 24h (Binance): high $1,285, low $1,126.
Bullish scenario: If it holds $1,126 – $1,136 and breaks $1,162, price could head to $1,185 then $1,220, further to $1,257.
Bearish scenario: If it loses $1,126, price could fall to $1,100, then deeper to $1,075.
Personal view: ZEC has dropped almost 10% in 24h from $1,285, with recent H1 candles making lower highs. The bounce from $1,126 looks weak, so it needs to reclaim $1,162 to weaken the downtrend, otherwise SHORT remains preferred below $1,126.
Manage your risk carefully. Not financial advice.
👇 TRADE ZEC HERE 👇
$ZEC
SHORT
Entry: $1,136
SL: $1,175
TP1: $1,126
TP2: $1,100
TP3: $1,075
Current price (Binance realtime): $1,136, -9.61% vs the close 24 candles ago ($1,257).
Past 24h (Binance): high $1,285, low $1,126.
Bullish scenario: If it holds $1,126 – $1,136 and breaks $1,162, price could head to $1,185 then $1,220, further to $1,257.
Bearish scenario: If it loses $1,126, price could fall to $1,100, then deeper to $1,075.
Personal view: ZEC has dropped almost 10% in 24h from $1,285, with recent H1 candles making lower highs. The bounce from $1,126 looks weak, so it needs to reclaim $1,162 to weaken the downtrend, otherwise SHORT remains preferred below $1,126.
Manage your risk carefully. Not financial advice.
👇 TRADE ZEC HERE 👇
$ZEC
