$ZEC is trading back into a key supply zone, where sellers may begin to regain control. The recent rally is approaching a strong resistance area, making this a potential high-probability short opportunity if bearish rejection confirms.
Trading Plan – Short $ZEC
Entry: 377 – 390
Stop Loss: 410
TP1: 370
TP2: 350
TP3: 330
The latest recovery has pushed price back into a region that previously acted as a major resistance zone. Despite the upside move, the overall rally still appears corrective within the broader market structure, while significant liquidity remains resting below recent swing lows.
If buyers fail to establish a sustained breakout above this resistance area, the likelihood of a bearish reversal increases, with price potentially rotating lower toward the outlined take-profit targets.
Trade with disciplined risk management, wait for confirmation if needed, and avoid overleveraging.
DYOR (Do Your Own Research).
Trading Plan – Short $ZEC
Entry: 377 – 390
Stop Loss: 410
TP1: 370
TP2: 350
TP3: 330
The latest recovery has pushed price back into a region that previously acted as a major resistance zone. Despite the upside move, the overall rally still appears corrective within the broader market structure, while significant liquidity remains resting below recent swing lows.
If buyers fail to establish a sustained breakout above this resistance area, the likelihood of a bearish reversal increases, with price potentially rotating lower toward the outlined take-profit targets.
Trade with disciplined risk management, wait for confirmation if needed, and avoid overleveraging.
DYOR (Do Your Own Research).