$ZEC saw a strong bounce from the $184 support zone, pushing price back into the previous breakdown area around $218–$220. This move appears to be a technical recovery bounce after a sharp sell-off, rather than a confirmed trend reversal.
Price is now hovering near local resistance, a zone where sellers previously stepped in aggressively. As long as ZEC remains below this resistance, downside continuation is favored.
📉 Trade Idea: Short $ZEC
Entry Zone: 217.5 – 220.0
Invalidation Level: Above 223.5
TP1: 210.0
TP2: 202.0
This is a short-term scalp trade, not a swing or long-term position.
⚡ Risk & Execution Notes
Suitable for 20x–50x leverage
Use 1%–5% margin only
Consider partial profit booking at TP1
Aggressive traders may manage risk manually instead of fixed stop-losses
Potential returns can vary depending on leverage and execution, ranging from 100% to 500%, but risk management remains critical due to high volatility.
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