$ZEC is the weakest here, down 6.58% around $1,240 with $57M volume. That’s heavy selling, so I’m not trying to catch the knife. I’m watching $1,220–$1,240 for a possible reaction. If ZEC reclaims $1,275 with strong volume, I’d consider a reversal trade.
Entry: $1,225–$1,245
Confirm: $1,275 + volume
SL: $1,190
TP1: $1,300 | TP2: $1,335 | TP3: $1,380 | TP4: $1,450
R:R: ~1:3 to TP3
Invalidation: below $1,190.
Entry: $1,225–$1,245
Confirm: $1,275 + volume
SL: $1,190
TP1: $1,300 | TP2: $1,335 | TP3: $1,380 | TP4: $1,450
R:R: ~1:3 to TP3
Invalidation: below $1,190.