Sellers are running $ZEC — and the setup says the drop isn't done yet.
$ZEC is trading below a bearish EMA stack, which keeps the pressure firmly on the downside. The short bias stays intact while price holds under that stack.
The plan:
Entry: 944.61 – 951.19
TP1: 906.48 (-4.4%)
TP2: 878.87 (-7.3%)
TP3: 837.45 (-11.7%)
Stop loss: 1,003.13 (+5.8%)
Why the short? ADX shows sellers firmly in control, so this bearish move has real momentum behind it.
One caution: price is stretched far below its average, so a bounce is possible — it's sitting 3.0 ATR below the 1h EMA50.
Execution: bank 50% at TP1, 25% at TP2, and let the final 25% run to TP3. Move the stop to entry once TP1 hits.
Where do you see this short heading next?
Not financial advice — manage your risk.
$ZEC is trading below a bearish EMA stack, which keeps the pressure firmly on the downside. The short bias stays intact while price holds under that stack.
The plan:
Entry: 944.61 – 951.19
TP1: 906.48 (-4.4%)
TP2: 878.87 (-7.3%)
TP3: 837.45 (-11.7%)
Stop loss: 1,003.13 (+5.8%)
Why the short? ADX shows sellers firmly in control, so this bearish move has real momentum behind it.
One caution: price is stretched far below its average, so a bounce is possible — it's sitting 3.0 ATR below the 1h EMA50.
Execution: bank 50% at TP1, 25% at TP2, and let the final 25% run to TP3. Move the stop to entry once TP1 hits.
Where do you see this short heading next?
Not financial advice — manage your risk.
