Trading Plan Short $ZEC
$ZEC is starting to look overheated after the recent vertical expansion move
Momentum is still strong overall, but price has already pushed aggressively in a short period of time, while late longs continue piling in near resistance.
📌 Trade Setup:
🔴 Entry: 670 – 690
🛑 Stoploss: 730
🎯 Targets: 630 / 580 / 520
📊 Analysis:
• RSI is heavily stretched after the rally
• Momentum slowing near resistance
• Aggressive longs increasing liquidation risk
• Sharp pullback possible if buyers weaken
This type of setup often creates violent volatility in both directions, so patience and proper risk management are critical
Trade $ZEC carefully 👇
ZEC
542.39
-5.31%
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