$ZEC Alert! ZEC has pulled out the "lightning rod", and the long positions' liquidation amount in the last hour is 4.4 times that of the short positions! The rebound is just an opportunity for you to short!
💥 Plain language version of the truth:
The candlestick has clearly indicated a peak: the sharp rise followed by a fall has left a long “antenna”, which is a classic peak signal, indicating heavy selling pressure above, and the price cannot rise anymore!
Long positions are stepping on each other: In the last hour, the liquidation amount of long positions is 4.4 times that of short positions! People are starting to cut their own, and this drop will only be faster.
The sentiment is overheated: Over 71% of people on WhiteBIT are going long; when everyone looks in the same direction, it is often the moment of market reversal.
🎯 Shorting sniper plan:
Excellent shorting point for the rebound: $365 – $375 (the extreme position for the rebound, go heavy on shorts!)
Add shorting point on rebound: If there is a weak rebound to $340 – $345, continue to add shorts!
Stop-loss line: Must recognize the mistake and exit if it breaks $385!
Downward targets: First target $320, second target $296, third target $280
⚠️ Final warning: The market always ends in a frenzy. When the candlestick and data both tell you to short, don’t hesitate, follow the trend!
Don’t gamble on luck, only rely on logic.
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