【$ZEC Signal】Short Squeeze Pullback, Longs Building Momentum
$ZEC surged 21% in a single day with a massive bullish candlestick on the 4-hour timeframe (trading volume amplified 4x), which is typical violent capital position-building behavior. Despite RSI showing overbought conditions, the price consolidated at intraday highs refusing to pull back deeply, and buy-side depth exceeds sell-side depth, indicating strong absorption intent. Current price is retracing to above EMA20 (1H), representing strong consolidation as longs prepare for a second push higher.
🎯 Direction: Long
⚡ Entry: 272.00 - 275.00
🛑 Stop Loss: 265.70 (Starting point of massive bullish candle)
🚀 Targets: 289.31 / 300.00
🛡 Strategy: Reduce position by half at Target 1, move stop loss for remaining position up to entry price.
【$ZEC Signal】Short Squeeze Pullback, Longs Building Momentum
$ZEC surged 21% in a single day with a massive bullish candlestick on the 4-hour timeframe (trading volume amplified 4x), which is typical violent capital position-building behavior. Despite RSI showing overbought conditions, the price consolidated at intraday highs refusing to pull back deeply, and buy-side depth exceeds sell-side depth, indicating strong absorption intent. Current price is retracing to above EMA20 (1H), representing strong consolidation as longs prepare for a second push higher.
🎯 Direction: Long
⚡ Entry: 272.00 - 275.00
🛑 Stop Loss: 265.70 (Starting point of massive bullish candle)
🚀 Targets: 289.31 / 300.00
🛡 Strategy: Reduce position by half at Target 1, move stop loss for remaining position up to entry price.
View Live Market 👇 $ZEC
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