$ZEC Pushing into the resistance zone, short with discipline 🔻
Short Trading Plan for ZEC (20x)
Entry: 548 – 552
SL: 560
TP1: 538
TP2: 532
TP3: 522
ZEC is pushing up to the 548 – 552 zone after a pullback from below. But don't get your hopes up too high; this zone is showing clear signs of resistance. The current movement looks sluggish, volume isn't explosive, and the overall structure still favors sellers.
The stop loss is placed at 560, a fairly clean level above the resistance zone. If it gets swept, no regrets. If the price is rejected here, targets 538 → 532 → 522 are entirely feasible.
The distance from entry to stop loss is quite close (~1.4-2.2%). Suitable for a short-term short position. Enter a small order and set a stop loss correctly.
Do you guys think this area is stable? Or is there still an upward wave coming? Comment to discuss!