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$ZEC (1h) - Pullback Short
Bias: Short
Entry (Zone): 509.00 - 512.00
Targets:
TP1: 503.50
TP2: 496.00
TP3: 488.50
Stop Loss: 520.50
Why this Setup:
I see a strong impulse leg that has stalled into a choppy pullback, so I’m looking for a failed retest near resistance to fade the move. I want confirmation that buyers lose momentum here, then I’ll aim for a move back toward the 500 area and the lower support band.