ZEN looks like there are plenty of shorting opportunities in this wave of the market. After a sharp surge within 24 hours, there was a clear spike in volume at high levels, with multiple bearish signals appearing. Profit-taking traders are starting to exit, and selling pressure has already become evident.



From an operational perspective, the optimal entry zone is between $12.3 and $12.6. This price range allows for precise timing during the rebound, enabling the best short entry cost. If the price hits $12.9, you must immediately cut your losses; this line is the lifeline, and touching it means you should exit instantly.

The take-profit targets are divided into three steps: the first at $11.8, the second at $11.3, and the third at $10.8 for full liquidation. This stepwise take-profit approach can effectively lock in profits.

The pace of building a position is very important—avoid entering all at once; instead, build gradually. Enter 50% of the position at $12.3, then add the remaining 50% at $12.6. Remember, never chase shorts.

Discipline is also crucial when exiting: reduce 30% of the position at T1, 40% at T2, and fully close at T3. Locking in profits is the key—don't try to maximize the entire move.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned