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$ZEC Sharp rejection on the 1H after tagging 686 highs. Strong impulsive selloff from the top with heavy red candles, breaking below key MAs and now sitting at 613 after a deep retrace.
Momentum turned bearish with lower highs forming. Watch for continuation lower if it fails to reclaim the MA cluster quickly.
Entry Zone: 610 - 615
TP1: 595
TP2: 575
TP3: 555
Stop-Loss: 625
Risk defined. Breakdown below 605 accelerates this toward fresh lows. Volume supports the sellers here.
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