$ZEC /USDT – Intraday Short Setup (1H)
1. Trading Plan (Short)
• Entry: 455 – 470
• Stop Loss: 482
• Take Profit 1: 440
• Take Profit 2: 422 (near EMA(99))
• Take Profit 3: 405 – 400 (area of EMA(200) and previous consolidation)
2. Key Resistance / Support
• Resistance:
• 469 – 475: intraday high zone where the last impulse stalled (469.98); first area to look for rejection wicks to enter/scale a short.
• Above 480, the structure starts to invalidate the short idea.
• Support:
• 440: minor intraday support where price may first react.
• 422 – 420: close to EMA(99) ~419.7, key dynamic support in this up-leg.
• 405 – 400: region around EMA(200) ~407.6 and the breakout base; strong support and final downside target for this move.
3. Indicators
• RSI(12) ~62 / RSI(24) ~60: bullish but nearing overbought on the 1H, suggesting limited upside before a cooldown.
• MACD: above zero with green histogram, confirming strong recent bullish momentum, but any flattening or cross-down on lower highs will favor a pullback.
• Price vs EMAs: price is extended well above both EMA(99) and EMA(200); a mean-reversion dip back toward these averages is a realistic short-term scenario.
4. Outlook
ZEC is in a strong short-term uptrend but currently trading near an intraday peak zone around 469–470, with momentum already heated. For aggressive traders, this offers a counter-trend short aiming for a pullback toward 440 → 422 → 405–400.
A 1H close above 480 with sustained volume would invalidate the short setup and suggest stepping aside or waiting for a new structure before re-entering.
