$ZETA is drifting downward as selling pressure builds after a recent rejection, presenting a clean setup to enter a short position.
Entry: 0.0580 – 0.0590
TPs: 0.0535 | 0.0500 | 0.0460
SL: Above 0.0635
Why Short?
The asset is sliding back down following a failed attempt to hold near the 0.07060 peak, currently trading at 0.05861. On the hourly chart, the MACD indicator shows expanding red histogram bars signaling growing downside momentum, while the RSI sits at a soft 43.5, showing that buyers are losing steam and paving the way for a deeper correction toward the 0.05427 support zone.
Entry: 0.0580 – 0.0590
TPs: 0.0535 | 0.0500 | 0.0460
SL: Above 0.0635
Why Short?
The asset is sliding back down following a failed attempt to hold near the 0.07060 peak, currently trading at 0.05861. On the hourly chart, the MACD indicator shows expanding red histogram bars signaling growing downside momentum, while the RSI sits at a soft 43.5, showing that buyers are losing steam and paving the way for a deeper correction toward the 0.05427 support zone.
