【ZEC Short Position Opening｜45x】
Just opened a short position in ZEC at 457.79 (45x).
Currently, the floating profit isn't much, but the position is at the point I want.
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📌 Why open a short position in ZEC now?
1️⃣ The 4-hour major trend has completely weakened
From 714 → 503 → 447
It has been falling all the way down, with no significant rebounds in between.
The moving averages EMA7 and EMA20 have all crossed downwards,
A typical “smooth downtrend channel” structure.
As long as there is no strong return to the moving averages,
The one-sided bearish trend will basically not end.
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2️⃣ Just broke the 447 level, weak rebound
447 is a small support,
After breaking it, even a weak rebound back to EMA7 failed.
This indicates:
👉 Rebound lacks volume
👉 Upward movement lacks momentum
👉 Bears will continue to press the market
