#ZECUSDT ZEC's pullback makes sense given the rejection at 418.97. The weakening bounces and seller confidence are clear signs of a shift in momentum.
Your analysis of the 390.18 level holding and the candles slowing down around 395-397 suggests a potential base is forming. If buyers can hold this zone, a recovery push seems likely.
Your setup looks solid:
- Entry: 395-398
- TP1: 404
- TP2: 410
- TP3: 417
- SL: 389
You're playing the short-term bounce, waiting for the structure to tighten. Fancy seeing how the market reacts to these levels! Are you planning to scale out or hold for the full target?
Your analysis of the 390.18 level holding and the candles slowing down around 395-397 suggests a potential base is forming. If buyers can hold this zone, a recovery push seems likely.
Your setup looks solid:
- Entry: 395-398
- TP1: 404
- TP2: 410
- TP3: 417
- SL: 389
You're playing the short-term bounce, waiting for the structure to tighten. Fancy seeing how the market reacts to these levels! Are you planning to scale out or hold for the full target?