$ZEC / USDT SHORT SETUP – $800 Target Loading!
$ZEC got a strong rejection from the major $1,625 resistance level. On the 4H chart, buying momentum is fading and a bigger drop could be coming.
📊 Trade Details:
🟢 Entry (EP): CMP around $1,530 – $1,535
🛑 Stop Loss (SL): $1,600 Strict SL
Take-Profit Targets:
🎯 TP1: $1,380
🎯 TP2: $1,200
🎯 TP3: $1,000
🎯 Final TP: $800
💡 Main Reasons:
Strong Rejection: Sellers gave a heavy rejection around the $1,625 level.
Lower Highs: $ZEC is failing to make a new high on the 4H timeframe, showing weakness from buyers.
Major Correction: After the previous rally, a drop toward the major $800 support zone could follow if the bearish structure continues.
$ZEC got a strong rejection from the major $1,625 resistance level. On the 4H chart, buying momentum is fading and a bigger drop could be coming.
📊 Trade Details:
🟢 Entry (EP): CMP around $1,530 – $1,535
🛑 Stop Loss (SL): $1,600 Strict SL
Take-Profit Targets:
🎯 TP1: $1,380
🎯 TP2: $1,200
🎯 TP3: $1,000
🎯 Final TP: $800
💡 Main Reasons:
Strong Rejection: Sellers gave a heavy rejection around the $1,625 level.
Lower Highs: $ZEC is failing to make a new high on the 4H timeframe, showing weakness from buyers.
Major Correction: After the previous rally, a drop toward the major $800 support zone could follow if the bearish structure continues.
