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Most traders are buying ZEC right now—here’s why I’m betting against them.
$ZEC /USDT - SHORT
Trade Plan:
Entry: 424.03 – 427.27
SL: 441.22
TP1: 413.97
TP2: 406.18
TP3: 394.50
Why this setup?
ZEC is stuck in a daily range with a 4h SHORT bias at 55% confidence. RSI on 15m sits at 47—neutral but leaning weak. Entry at 425.65 with TP1 at 413.97 gives a 2.7% drop before the daily support zone. The 1h ATR of 6.49 means momentum is low; breakouts are failing. Why now? Range tops are where shorts get paid.
Debate:
If ZEC breaks 427.27, are you flipping long or waiting for the fakeout trap?