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$ZEC (1h) - Resistance Rejection Short
Bias: Short
Entry (Zone): 545.00 - 559.00
Targets:
TP1: 525.00
TP2: 505.00
TP3: 468.00
Stop Loss: 585.00
Why this Setup:
I see price pressing into a heavy resistance area after a sharp extension, and the move is starting to lose momentum near the highs. I want to short a rejection from this zone, looking for a pullback toward the prior breakout areas if sellers stay in control.
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