Trading Plan (Short):
• Entry: $0.26200 - $0.27000
• Stop Loss (SL): $0.28
• Take Profit (TP): $0.2230 and $0.17000
• Key Resistance/Support: The recent high at $0.34099 is acting as a strong dynamic ceiling, consistently rejecting price movements after the initial wick, suggesting overhead supply.
• Indicators: RSI is clearly overbought (RSI(6) is 85.06), confirming a high probability of a near-term pullback/consolidation. MACD is crossing above zero and deep in positive territory, validating extremely strong bullish momentum, but suggesting caution for shorting.
• Outlook: Failure to breach $0.27000 will likely push PIPPIN down to retest the $0.21846 low (previous resistance turned support). A break below that level targets the $0.17000 region (around the EMA 50).
$ZEC $LUNA2
