Trading Plan Long $ZEC
$ZEC just swept the 777.75 support, showing a potential spring for accumulation.
Entry: $775.00-$786.00
Stoploss: $758.00
Targets: $798.00 / $825.00 / $865.00
ZEC wicked below 777.75, grabbing sell-side liquidity before a quick reclaim. This looks like smart money absorbing offers, trapping retail shorts who piled in on the 1H bearish trend. The daily trend is still bullish, suggesting this is a healthy pullback within a larger uptrend. OI is down 3.48% in 24h, indicating some shorts already flushed. Lose $758.00, plan dead.
Trade $ZEC here 👇
$ZEC just swept the 777.75 support, showing a potential spring for accumulation.
Entry: $775.00-$786.00
Stoploss: $758.00
Targets: $798.00 / $825.00 / $865.00
ZEC wicked below 777.75, grabbing sell-side liquidity before a quick reclaim. This looks like smart money absorbing offers, trapping retail shorts who piled in on the 1H bearish trend. The daily trend is still bullish, suggesting this is a healthy pullback within a larger uptrend. OI is down 3.48% in 24h, indicating some shorts already flushed. Lose $758.00, plan dead.
Trade $ZEC here 👇
