They're all watching the daily chart, but the real $ZEN /USDT move is happening here.

$ZEN - SHORT

Trade Plan:

Entry: 6.976225 – 7.050195

SL: 7.235118

TP1: 6.791302

TP2: 6.717332

TP3: 6.569393

Why this setup?

4H setup is ARMED for a short. Daily trend is bearish, and price is rejecting the 7.05 entry high. RSI on lower timeframes shows no bullish momentum to challenge the downtrend. First target is a drop to 6.79.

Debate:

Is this 4H short the start of the next leg down, or just a bear trap before a reversal?

Trade here 👇