2 scenarios for ZEC:
1) Break above 610.54 with good volume → momentum continues.
2) Slide below 551.44 → weak setup, avoid catching the falling knife.
Current: 556.66
24h: -8.60%
Volume: 168M USDT
We're correcting -8.60%. This could be a shakeout or the start of a weaker phase; wait for a reclaim of the 610.54 zone or a clearer new base.
I don’t need to be right on every trade, just need to avoid entering when the risk/reward is poor.
#ZEC #TradingPlan
1) Break above 610.54 with good volume → momentum continues.
2) Slide below 551.44 → weak setup, avoid catching the falling knife.
Current: 556.66
24h: -8.60%
Volume: 168M USDT
We're correcting -8.60%. This could be a shakeout or the start of a weaker phase; wait for a reclaim of the 610.54 zone or a clearer new base.
I don’t need to be right on every trade, just need to avoid entering when the risk/reward is poor.
#ZEC #TradingPlan