$ZEC is flashing a potential bearish reversal! After that massive rally, I see a sharp correction toward $1,185 as my next downside target. 📉
I’m opening a BIG SHORT position on $ZEC here, expecting the next wave of selling pressure.
Price is losing momentum around $1,257 after failing to sustain its push higher. If this level breaks, the decline could accelerate toward $1,200.
entry: $1,256 – $1,261
targets: $1,235 / $1,210 / $1,185
sl: $1,301.66
This is a risky countertrend trade, so I’m keeping my stop-loss in place. A recovery above $1,296.85 would weaken my bearish outlook.
Will $ZEC crash toward $1,185 or surprise the bulls again?? 👀
I’m opening a BIG SHORT position on $ZEC here, expecting the next wave of selling pressure.
Price is losing momentum around $1,257 after failing to sustain its push higher. If this level breaks, the decline could accelerate toward $1,200.
entry: $1,256 – $1,261
targets: $1,235 / $1,210 / $1,185
sl: $1,301.66
This is a risky countertrend trade, so I’m keeping my stop-loss in place. A recovery above $1,296.85 would weaken my bearish outlook.
Will $ZEC crash toward $1,185 or surprise the bulls again?? 👀