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$ZEC (1h) - Rejection at Resistance
Bias: Short
Entry (Zone): 598 - 603
Targets:
TP1: 588
TP2: 575
TP3: 562
Stop Loss: 617
Why this Setup:
I see price rejecting a strong overhead supply area after a sharp impulsive move higher, and I want to fade the extension if momentum keeps stalling below resistance. A clean loss of the recent support shelf would likely open the way back toward the next demand zones.