Futures Market Signals
$ZEC Short Setup:
• Entry: $517.45 - $520.00
• Take Profit (3%): $501.93
• Stop Loss (1.5%): $525.21
Technical Analysis:
ZEC is showing signs of weakness on the 4H timeframe after hitting a strong resistance zone around $528. Long upper wicks and smaller red candles are beginning to appear, suggesting that buying exhaustion has set in. The price tending to drift back below the upper Bollinger Band, combined with declining buying volume, opens up an opportunity for a technical correction toward the Middle Band (the $472 area). A short-term Short position here is logical as the upward structure has stalled and sellers are beginning to enter the market.
ZECUSDT
دائم
359.22
+0.62%